JPMorgan Chase & Co. set a €118.00 ($137.21) price objective on Siemens (FRA:SIE) in a research report report published on Monday. The brokerage currently has a buy rating on the stock.
A number of other research firms have also recently issued reports on SIE. Credit Suisse Group set a €129.00 ($150.00) price objective on Siemens and gave the company a neutral rating in a research report on Monday, December 3rd. DZ Bank reissued a buy rating on shares of Siemens in a research report on Tuesday, November 27th. Independent Research set a €113.00 ($131.40) price objective on Siemens and gave the company a neutral rating in a research report on Friday, November 30th. BNP Paribas set a €120.00 ($139.53) price objective on Siemens and gave the company a buy rating in a research report on Tuesday, November 27th. Finally, Morgan Stanley set a €127.00 ($147.67) price objective on Siemens and gave the company a buy rating in a research report on Wednesday, December 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Siemens has a consensus rating of Buy and an average price target of €121.10 ($140.81).
Shares of Siemens stock opened at €97.35 ($113.20) on Monday. Siemens has a 12 month low of €101.40 ($117.91) and a 12 month high of €133.39 ($155.10).
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
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