Siemens (SIE) Given a €132.00 Price Target at Baader Bank
Siemens (FRA:SIE) has been assigned a €132.00 ($157.14) price target by analysts at Baader Bank in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Baader Bank’s price objective points to a potential upside of 7.47% from the company’s current price.
Several other research firms have also issued reports on SIE. Barclays set a €110.00 ($130.95) price target on Siemens and gave the company a “sell” rating in a research report on Monday. Commerzbank set a €122.00 ($145.24) price target on Siemens and gave the company a “neutral” rating in a research report on Thursday, November 9th. UBS Group reissued a “buy” rating on shares of Siemens in a research report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) price target on Siemens and gave the company a “buy” rating in a research report on Thursday, September 28th. Finally, Credit Suisse Group set a €130.00 ($154.76) price target on Siemens and gave the company a “neutral” rating in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €129.82 ($154.55).
Shares of Siemens (FRA SIE) opened at €122.82 ($146.21) on Wednesday. The stock has a market capitalization of $104,410.00 and a P/E 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).
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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