Siemens AG (FRA:SIE) has been given a €112.00 ($121.74) price objective by stock analysts at Citigroup Inc. in a note issued to investors on Wednesday, MarketBeat.Com reports. The brokerage currently has a a “buy” rating on the stock.

Siemens AG (FRA:SIE) opened at 88.197 on Wednesday. The company has a 50 day moving average price of €86.80 and a 200-day moving average price of €89.33. Siemens AG has a 12 month low of €77.76 and a 12 month high of €106.31.

Several other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co. set a €100.00 ($108.70) price target on Siemens AG and gave the stock a “neutral” rating in a report on Wednesday, September 30th. HSBC set a €102.00 ($110.87) price target on Siemens AG and gave the stock a “buy” rating in a report on Monday, October 5th. Barclays set a €85.00 ($92.39) price target on Siemens AG and gave the stock a “sell” rating in a report on Thursday, October 15th. Societe Generale set a €110.00 ($119.57) price target on Siemens AG and gave the stock a “buy” rating in a report on Friday, October 9th. Finally, Morgan Stanley set a €90.00 ($97.83) price target on Siemens AG and gave the stock a “sell” rating in a report on Wednesday, October 7th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the stock. Siemens AG presently has an average rating of “Hold” and a consensus target price of €98.67 ($107.25).

Siemens AG is an integrated technology company with activities in the fields of industry, energy and healthcare. Siemens operates in six segments: Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions and Services and Siemens Financial Services (FRA:SIE). Industry, Energy and Healthcare are reported along with 14 divisions, which comprise the divisions, Industry Automation, Drive Technologies, Building Technologies, OSRAM, Industry Solutions and Mobility, belonging to the Industry Sector, the Divisions, Fossil Power Generation, Renewable Energy, Oil and Gas, Power Transmission and Power Distribution, belonging to the Energy Sector and the Divisions, Imaging and Information Technology (IT), Workflow and Solutions and Diagnostics, belonging to the Healthcare Sector. In July 2012, Wi-LAN Inc. acquired a global portfolio of more than 40 patents and applications from Siemens related to telecommunication network management and mobile multimedia.

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