Siemens (FRA:SIE) received a €140.00 ($162.79) price objective from stock analysts at Societe Generale in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Societe Generale’s price target would suggest a potential upside of 20.38% from the company’s current price.
A number of other analysts also recently weighed in on SIE. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Siemens in a research report on Tuesday, February 27th. DZ Bank reaffirmed a “buy” rating on shares of Siemens in a research report on Tuesday, February 27th. Baader Bank set a €130.00 ($151.16) target price on shares of Siemens and gave the stock a “buy” rating in a research report on Thursday, March 1st. Nord/LB set a €125.00 ($145.35) target price on shares of Siemens and gave the stock a “buy” rating in a research report on Monday, March 5th. Finally, Independent Research set a €118.00 ($137.21) target price on shares of Siemens and gave the stock a “neutral” rating in a research report on Monday, March 5th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the stock. Siemens has a consensus rating of “Buy” and an average price target of €129.15 ($150.17).
FRA:SIE opened at €116.30 ($135.23) on Friday. Siemens has a 1-year low of €101.40 ($117.91) and a 1-year high of €133.39 ($155.10).
Siemens Company Profile
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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