Siemens (FRA:SIE) received a €126.00 ($150.00) price objective from Independent Research in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s target price suggests a potential upside of 2.64% from the company’s current price.

Several other equities analysts also recently weighed in on SIE. Barclays set a €125.00 ($148.81) target price on Siemens and gave the company a “neutral” rating in a research report on Monday, September 25th. UBS Group set a €131.00 ($155.95) target price on Siemens and gave the company a “buy” rating in a research report on Monday, September 25th. BNP Paribas set a €135.00 ($160.71) price objective on Siemens and gave the company a “buy” rating in a research note on Tuesday, September 26th. Baader Bank set a €136.00 ($161.90) price objective on Siemens and gave the company a “buy” rating in a research note on Wednesday, September 27th. Finally, Commerzbank set a €121.00 ($144.05) price objective on Siemens and gave the company a “neutral” rating in a research note on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. Siemens currently has a consensus rating of “Hold” and a consensus price target of €129.59 ($154.27).

Siemens (FRA:SIE) opened at €122.76 ($146.14) on Thursday. The firm has a market capitalization of $104,180.00 and a PE ratio of 16.96. Siemens has a 52-week low of €108.11 ($128.70) and a 52-week high of €133.39 ($158.80).

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/siemens-sie-pt-set-at-126-00-by-independent-research/1811940.html.

About Siemens

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 producing and transporting oil and gas.

Analyst Recommendations for Siemens (FRA:SIE)

Receive News & Ratings for Siemens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens and related companies with MarketBeat.com's FREE daily email newsletter.