UBS Group set a €130.00 ($151.16) target price on Siemens (FRA:SIE) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently issued reports on SIE. Credit Suisse Group set a €143.00 ($166.28) price objective on Siemens and gave the company a buy rating in a research note on Monday, June 3rd. JPMorgan Chase & Co. set a €124.00 ($144.19) price objective on Siemens and gave the company a buy rating in a research note on Thursday. Independent Research set a €120.00 ($139.53) price objective on Siemens and gave the company a neutral rating in a research note on Thursday, May 9th. Royal Bank of Canada set a €108.00 ($125.58) price objective on Siemens and gave the company a neutral rating in a research note on Thursday, June 27th. Finally, Jefferies Financial Group set a €130.00 ($151.16) price target on Siemens and gave the stock a buy rating in a research report on Tuesday, June 4th. One analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company’s stock. Siemens presently has an average rating of Buy and a consensus target price of €120.67 ($140.31).
Shares of FRA SIE opened at €92.15 ($107.15) on Thursday. The company’s 50 day moving average price is €102.13. Siemens has a 52-week low of €101.40 ($117.91) and a 52-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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