Siemens (FRA:SIE) received a €110.00 ($130.95) price objective from research analysts at Barclays in a research report issued on Monday. The firm presently has a “sell” rating on the stock. Barclays’ target price would suggest a potential downside of 9.54% from the company’s current price.
SIE has been the subject of several other research reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Siemens in a research report on Monday, October 9th. Societe Generale set a €135.00 ($160.71) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Wednesday, October 11th. UBS Group restated a “buy” rating on shares of Siemens in a research report on Wednesday, November 1st. Finally, Jefferies Group set a €150.00 ($178.57) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Monday, November 13th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €129.77 ($154.49).
Shares of Siemens (SIE) opened at €121.60 ($144.76) on Monday. Siemens has a 12 month low of €108.11 ($128.70) and a 12 month high of €133.39 ($158.80). The firm has a market cap of $103,630.00 and a price-to-earnings ratio of 16.80.
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Siemens 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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