Siemens (FRA:SIE) has been given a €140.00 ($162.79) price target by equities research analysts at Jefferies Financial Group in a report issued on Wednesday, October 17th. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 36.80% from the company’s current price.
A number of other analysts have also recently weighed in on the stock. UBS Group set a €138.00 ($160.47) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Tuesday, October 9th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Siemens in a research note on Monday, October 8th. Credit Suisse Group set a €129.00 ($150.00) target price on shares of Siemens and gave the company a “neutral” rating in a research note on Wednesday, October 3rd. Barclays set a €105.00 ($122.09) price objective on shares of Siemens and gave the stock a “sell” rating in a research note on Wednesday, October 3rd. Finally, Deutsche Bank set a €115.00 ($133.72) price objective on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of €128.55 ($149.48).
Siemens stock traded down €1.18 ($1.37) during trading on Wednesday, reaching €102.34 ($119.00). 2,697,445 shares of the company’s stock were exchanged. Siemens has a 52-week low of €101.40 ($117.91) and a 52-week high of €133.39 ($155.10).
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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