Siemens (SIE) PT Set at €110.00 by Barclays
Siemens (FRA:SIE) has been assigned a €110.00 ($130.95) price target by analysts at Barclays in a research report issued to clients and investors on Monday. The firm presently has a “sell” rating on the stock. Barclays’ target price suggests a potential downside of 8.42% from the company’s current price.
Several other research firms also recently issued reports on SIE. Commerzbank set a €122.00 ($145.24) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday, November 9th. UBS Group reiterated a “buy” rating on shares of Siemens in a research report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) target price on Siemens and gave the stock a “buy” rating in a research report on Thursday, September 28th. Credit Suisse Group set a €130.00 ($154.76) target price on Siemens and gave the stock a “neutral” rating in a research report on Wednesday, November 15th. Finally, Independent Research set a €124.00 ($147.62) target price on Siemens and gave the stock a “neutral” rating in a research report on Friday, December 1st. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of €129.77 ($154.49).
Shares of Siemens (SIE) opened at €120.12 ($143.00) on Monday. Siemens has a twelve month low of €108.11 ($128.70) and a twelve month high of €133.39 ($158.80). The stock has a market capitalization of $101,980.00 and a P/E ratio of 16.59.
Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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 producing and transporting oil and gas.
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