Siemens (FRA:SIE) has been assigned a €135.00 ($160.71) price objective by Citigroup in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Citigroup’s price target indicates a potential upside of 10.26% from the stock’s current price.
SIE has been the subject of a number of other reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Siemens in a research note on Monday, October 9th. Societe Generale set a €135.00 ($160.71) price target on shares of Siemens and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) price target on shares of Siemens and gave the stock a “buy” rating in a research note on Wednesday, October 11th. UBS Group reissued a “buy” rating on shares of Siemens in a research note on Wednesday, November 1st. Finally, Jefferies Group set a €150.00 ($178.57) price target on shares of Siemens and gave the stock a “buy” rating in a research note on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €129.82 ($154.55).
Siemens (FRA SIE) traded up €1.82 ($2.17) during mid-day trading on Thursday, reaching €122.44 ($145.76). 2,379,244 shares of the company were exchanged. Siemens has a 12 month low of €108.11 ($128.70) and a 12 month high of €133.39 ($158.80). The company has a market capitalization of $103,390.00 and a P/E ratio of 16.91.
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Siemens Company Profile
Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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 producing and transporting oil and gas.
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