Siemens (FRA:SIE) has been given a €123.00 ($146.43) price objective by JPMorgan Chase & Co. in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential downside of 1.03% from the stock’s current price.
Several other equities analysts have also recently weighed in on the stock. Citigroup reiterated a “buy” rating on shares of Siemens in a research note on Friday, November 10th. Morgan Stanley set a €120.00 ($142.86) price objective on shares of Siemens and gave the stock a “neutral” rating in a research note on Thursday, October 5th. Barclays set a €125.00 ($148.81) price objective on shares of Siemens and gave the stock a “neutral” rating in a research note on Thursday, November 23rd. DZ Bank reiterated a “buy” rating on shares of Siemens in a research note on Tuesday, December 26th. Finally, UBS Group set a €150.00 ($178.57) price objective on shares of Siemens and gave the stock a “buy” rating in a research note on Tuesday, December 12th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. Siemens has a consensus rating of “Hold” and a consensus price target of €129.59 ($154.27).
Shares of Siemens (SIE) opened at €124.28 ($147.95) on Monday. The stock has a market cap of $105,030.00 and a PE ratio of 17.17. Siemens has a 1-year low of €108.11 ($128.70) and a 1-year 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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