JPMorgan Chase & Co. set a €118.00 ($137.21) target price on Siemens (FRA:SIE) in a report released on Monday morning. The firm currently has a buy rating on the stock.

Several other equities analysts also recently issued reports on SIE. UBS Group set a €130.00 ($151.16) price objective on shares of Siemens and gave the company a buy rating in a report on Friday, March 22nd. DZ Bank restated a buy rating on shares of Siemens in a report on Tuesday, November 27th. Deutsche Bank set a €115.00 ($133.72) price objective on shares of Siemens and gave the company a neutral rating in a report on Friday, December 7th. BNP Paribas set a €120.00 ($139.53) price objective on shares of Siemens and gave the company a buy rating in a report on Tuesday, November 27th. Finally, Morgan Stanley set a €127.00 ($147.67) price objective on shares of Siemens and gave the company a buy rating in a report on Wednesday, December 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus price target of €121.10 ($140.81).

SIE opened at €95.00 ($110.47) on Monday. Siemens has a 52-week low of €101.40 ($117.91) and a 52-week high of €133.39 ($155.10).

About Siemens

Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.

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Analyst Recommendations for Siemens (FRA:SIE)

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