Siemens (FRA:SIE) received a €126.00 ($150.00) target price from investment analysts at Independent Research in a research report issued to clients and investors on Thursday. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective would suggest a potential upside of 1.86% from the company’s previous close.
Several other analysts have also recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Siemens in a report on Friday, November 10th. Morgan Stanley set a €120.00 ($142.86) price target on shares of Siemens and gave the company a “neutral” rating in a report on Thursday, October 5th. Barclays set a €125.00 ($148.81) price target on shares of Siemens and gave the company a “neutral” rating in a report on Thursday, November 23rd. DZ Bank reiterated a “buy” rating on shares of Siemens in a report on Tuesday, December 26th. Finally, UBS Group set a €150.00 ($178.57) price target on shares of Siemens and gave the company a “buy” rating in a report on Tuesday, December 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €129.59 ($154.27).
Siemens (SIE) traded up €0.70 ($0.83) during trading hours on Thursday, reaching €123.70 ($147.26). 2,755,198 shares of the company traded hands. The company has a market capitalization of $105,300.00 and a PE ratio of 17.09. Siemens has a twelve month low of €108.11 ($128.70) and a twelve month high of €133.39 ($158.80).
Siemens Company Profile
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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