Other equities research analysts also recently issued reports about the company. Independent Research set a €111.00 ($129.07) price target on Siemens and gave the company a neutral rating in a research note on Thursday, August 1st. Royal Bank of Canada set a €108.00 ($125.58) price objective on Siemens and gave the company a neutral rating in a research note on Tuesday, October 8th. Credit Suisse Group set a €139.00 ($161.63) price objective on Siemens and gave the company a buy rating in a research note on Friday, August 2nd. HSBC set a €120.00 ($139.53) price objective on Siemens and gave the company a buy rating in a research note on Tuesday, November 5th. Finally, UBS Group set a €120.00 ($139.53) price objective on Siemens and gave the company a buy rating in a research note on Wednesday, September 25th. Five investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of €120.00 ($139.53).
Siemens stock opened at €113.80 ($132.33) on Thursday. The business has a 50-day simple moving average of €100.61 and a two-hundred day simple moving average of €100.26. Siemens has a 52-week low of €101.40 ($117.91) and a 52-week 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.
Further Reading: What is a back-end load?
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