Goldman Sachs Group set a €132.00 ($153.49) price target on Siemens (FRA:SIE) in a research note issued to investors on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the stock. Morgan Stanley set a €122.00 ($141.86) target price on shares of Siemens and gave the stock a neutral rating in a report on Thursday, January 9th. Independent Research set a €118.00 ($137.21) target price on shares of Siemens and gave the stock a neutral rating in a report on Friday, December 6th. Nord/LB set a €114.00 ($132.56) price objective on shares of Siemens and gave the stock a neutral rating in a report on Friday, November 8th. Bank of America set a €142.00 ($165.12) price objective on shares of Siemens and gave the stock a buy rating in a report on Wednesday, January 8th. Finally, Barclays set a €123.00 ($143.02) price objective on shares of Siemens and gave the stock a neutral rating in a report on Wednesday, January 8th. Six analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of €126.12 ($146.65).
SIE opened at €116.34 ($135.28) on Monday. The firm’s fifty day moving average is €117.17 and its two-hundred day moving average is €103.94. Siemens has a twelve month low of €101.40 ($117.91) and a twelve month high of €133.39 ($155.10).
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.
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