Siemens AG (FRA:SIE) has been assigned a €135.00 ($156.98) target price by Societe Generale in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective indicates a potential upside of 16.53% from the company’s previous close.
A number of other equities analysts have also recently issued reports on SIE. J P Morgan Chase & Co reissued a “neutral” rating on shares of Siemens AG in a report on Monday, October 9th. Berenberg Bank set a €140.00 ($162.79) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Wednesday, October 11th. UBS AG set a €131.00 ($152.33) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Wednesday, September 13th. Citigroup Inc. set a €134.00 ($155.81) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Monday, October 23rd. Finally, BNP Paribas set a €135.00 ($156.98) target price on shares of Siemens AG and gave the stock a “buy” rating in a report on Monday, September 11th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the stock. Siemens AG presently has an average rating of “Hold” and an average price target of €130.74 ($152.02).
Siemens AG (SIE) traded down €1.20 ($1.40) during trading hours on Tuesday, reaching €115.85 ($134.71). The company had a trading volume of 1,623,052 shares. Siemens AG has a fifty-two week low of €104.30 ($121.28) and a fifty-two week high of €133.39 ($155.10).
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Siemens AG 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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