Independent Research Analysts Give Siemens (SIE) a €118.00 Price Target
Siemens (FRA:SIE) has been assigned a €118.00 ($145.68) price objective by Independent Research in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the stock. Independent Research’s price target suggests a potential upside of 14.19% from the stock’s current price.
Other equities analysts have also recently issued reports about the company. Jefferies Group set a €150.00 ($185.19) price objective on Siemens and gave the stock a “buy” rating in a report on Monday, November 20th. Nord/LB set a €125.00 ($154.32) price objective on Siemens and gave the stock a “buy” rating in a report on Monday. Deutsche Bank set a €120.00 ($148.15) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday, January 18th. JPMorgan Chase & Co. set a €123.00 ($151.85) price objective on Siemens and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Finally, DZ Bank reaffirmed a “buy” rating on shares of Siemens in a report on Thursday, February 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the stock. Siemens has an average rating of “Buy” and an average target price of €130.25 ($160.80).
Siemens (SIE) opened at €103.34 ($127.58) on Monday. The stock has a market capitalization of $87,230.00 and a price-to-earnings ratio of 14.70. Siemens has a 1-year low of €101.40 ($125.19) and a 1-year high of €133.39 ($164.68).
Siemens Aktiengesellschaft operates as a technology company worldwide. The company's Power and Gas segment offers gas and steam turbines, generators for gas or steam power plants, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation, and oil and gas production and transportation.
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