Siemens (SIE) Given a €130.00 Price Target by Baader Bank Analysts

Siemens (FRA:SIE) has been given a €130.00 ($151.16) price objective by research analysts at Baader Bank in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price objective would indicate a potential upside of 27.03% from the company’s current price.

A number of other brokerages have also recently commented on SIE. BNP Paribas set a €135.00 ($156.98) target price on Siemens and gave the stock a “buy” rating in a report on Wednesday, July 11th. Commerzbank set a €130.00 ($151.16) target price on Siemens and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley set a €134.00 ($155.81) target price on Siemens and gave the stock a “buy” rating in a report on Tuesday. UBS Group set a €138.00 ($160.47) target price on Siemens and gave the stock a “buy” rating in a report on Friday, July 20th. Finally, Kepler Capital Markets set a €135.00 ($156.98) target price on Siemens and gave the stock a “buy” rating in a report on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of €128.55 ($149.48).

Shares of Siemens stock opened at €102.34 ($119.00) on Thursday. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10).

About Siemens

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.

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