Siemens’ (SIE) Buy Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their buy rating on shares of Siemens (FRA:SIE) in a research note issued to investors on Tuesday, Borsen Zeitung reports.

Other research analysts also recently issued research reports about the company. Independent Research set a €32.00 ($37.21) target price on Bilfinger and gave the stock a neutral rating in a report on Thursday, May 9th. Royal Bank of Canada reaffirmed an average rating and set a $48.00 target price on shares of in a report on Thursday, June 27th. Credit Suisse Group reduced their target price on FOX from $51.00 to $45.00 and set an outperform rating on the stock in a report on Monday, June 3rd. UBS Group downgraded Telstra from a buy rating to a neutral rating in a report on Monday, July 1st. Finally, Morgan Stanley set a €125.00 ($145.35) target price on Siemens and gave the stock a buy rating in a report on Tuesday, June 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company. Siemens currently has an average rating of Buy and a consensus target price of €123.05 ($143.08).

Shares of Siemens stock opened at €99.62 ($115.84) on Tuesday. The business has a 50-day moving average price of €104.07. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10).

Siemens Company Profile

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.

Featured Story: Intrinsic Value and Stock Selection

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.