Siemens (FRA:SIE) has been given a €110.00 ($127.91) price objective by analysts at Deutsche Bank in a note issued to investors on Wednesday, April 10th, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 4.01% from the company’s current price.
Several other brokerages also recently issued reports on SIE. JPMorgan Chase & Co. restated a “buy” rating on shares of Siemens in a research report on Monday, April 8th. UBS Group set a €130.00 ($151.16) price objective on Siemens and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Morgan Stanley set a €119.00 ($138.37) price objective on Siemens and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Kepler Capital Markets set a €120.00 ($139.53) price objective on Siemens and gave the stock a “buy” rating in a research report on Tuesday, January 29th. Finally, HSBC set a €114.00 ($132.56) price objective on Siemens and gave the stock a “neutral” rating in a research report on Tuesday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €120.65 ($140.29).
Shares of Siemens stock traded up €0.42 ($0.49) during trading on Wednesday, hitting €105.76 ($122.98). 1,331,637 shares of the company were exchanged. Siemens has a fifty-two week low of €101.40 ($117.91) and a fifty-two week 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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