Deutsche Bank set a €110.00 ($127.91) target price on Siemens (FRA:SIE) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also recently commented on the stock. UBS Group set a €130.00 ($151.16) price target on shares of Siemens and gave the company a buy rating in a research note on Wednesday. JPMorgan Chase & Co. set a €117.00 ($136.05) price objective on shares of Siemens and gave the company a buy rating in a research report on Wednesday. Morgan Stanley set a €119.00 ($138.37) price objective on shares of Siemens and gave the company a buy rating in a research report on Wednesday. Finally, Royal Bank of Canada set a €108.00 ($125.58) price objective on shares of Siemens and gave the company a neutral rating in a research report on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €120.65 ($140.29).
Shares of SIE stock opened at €107.02 ($124.44) on Wednesday. Siemens has a one year low of €101.40 ($117.91) and a one year 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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