UBS Analysts Give Siemens (SIE) a €150.00 Price Target
Siemens (FRA:SIE) has been given a €150.00 ($178.57) target price by analysts at UBS in a research report issued to clients and investors on Wednesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS’s price target suggests a potential upside of 32.39% from the company’s current price.
SIE has been the topic of a number of other reports. J P Morgan Chase & Co reissued a “neutral” rating on shares of Siemens in a report on Monday, October 9th. Societe Generale set a €135.00 ($160.71) price target on shares of Siemens and gave the stock a “buy” rating in a report on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) price target on shares of Siemens and gave the stock a “buy” rating in a report on Wednesday, October 11th. Jefferies Group set a €150.00 ($178.57) price target on shares of Siemens and gave the stock a “buy” rating in a report on Monday, November 13th. Finally, Citigroup set a €134.00 ($159.52) price objective on shares of Siemens and gave the company a “buy” rating in a report on Monday, October 23rd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the stock. Siemens has an average rating of “Hold” and a consensus target price of €129.19 ($153.80).
Shares of Siemens (FRA SIE) traded down €0.15 ($0.18) during trading hours on Wednesday, hitting €113.30 ($134.88). 2,216,335 shares of the company were exchanged. Siemens has a 52 week low of €105.34 ($125.40) and a 52 week high of €133.39 ($158.80).
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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