Siemens (SIE) Rating Reiterated by Barclays

Siemens (FRA:SIE)‘s stock had its “sell” rating reaffirmed by equities researchers at Barclays in a research report issued on Wednesday. They currently have a target price on the stock.

A number of other analysts also recently issued reports on SIE. Berenberg Bank set a €140.00 ($162.79) price objective on shares of Siemens and gave the stock a “buy” rating in a report on Wednesday, July 25th. JPMorgan Chase & Co. set a €123.00 ($143.02) price objective on shares of Siemens and gave the stock a “neutral” rating in a report on Friday, November 2nd. Kepler Capital Markets set a €135.00 ($156.98) price objective on shares of Siemens and gave the stock a “buy” rating in a report on Tuesday, July 24th. Commerzbank set a €130.00 ($151.16) price objective on shares of Siemens and gave the stock a “buy” rating in a report on Tuesday, October 30th. Finally, Morgan Stanley set a €134.00 ($155.81) price objective on shares of Siemens and gave the stock a “buy” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €129.00 ($150.00).

FRA SIE opened at €102.10 ($118.72) on Wednesday. Siemens has a 52-week low of €101.40 ($117.91) and a 52-week high of €133.39 ($155.10).

Siemens Company Profile

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 oil and gas production and transportation.

Featured Article: Diversification For Individual Investors

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.

Leave a Reply