UBS Group set a €127.00 ($147.67) price target on Siemens (FRA:SIE) in a research report released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
SIE has been the subject of several other research reports. Goldman Sachs Group set a €132.00 ($153.49) price target on Siemens and gave the stock a buy rating in a research note on Monday, January 13th. Morgan Stanley set a €122.00 ($141.86) price objective on shares of Siemens and gave the company a neutral rating in a research report on Wednesday. JPMorgan Chase & Co. reissued a buy rating on shares of Siemens in a research note on Monday, January 13th. Deutsche Bank set a €140.00 ($162.79) price objective on shares of Siemens and gave the stock a buy rating in a research report on Tuesday, November 19th. Finally, Royal Bank of Canada set a €108.00 ($125.58) price objective on shares of Siemens and gave the stock a neutral rating in a research report on Thursday, November 7th. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of €126.82 ($147.47).
Shares of SIE stock opened at €117.10 ($136.16) on Thursday. The business’s 50 day moving average is €117.09 and its two-hundred day moving average is €104.15. 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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