Siemens (FRA:SIE) has been assigned a €122.00 ($145.24) price target by research analysts at Commerzbank in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock. Commerzbank’s price objective would indicate a potential downside of 0.36% from the stock’s current price.
Several other brokerages have also issued reports on SIE. Barclays set a €120.00 ($142.86) price target on shares of Siemens and gave the company a “neutral” rating in a report on Friday, October 6th. UBS Group reissued a “buy” rating on shares of Siemens in a report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) price target on shares of Siemens and gave the company a “buy” rating in a report on Thursday, September 28th. Credit Suisse Group set a €130.00 ($154.76) price target on shares of Siemens and gave the company a “neutral” rating in a report on Wednesday, November 15th. Finally, Independent Research set a €124.00 ($147.62) price target on shares of Siemens and gave the company a “neutral” rating in a report on Friday, December 1st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the stock. Siemens has a consensus rating of “Hold” and a consensus target price of €129.82 ($154.55).
Shares of Siemens (FRA SIE) opened at €122.44 ($145.76) on Friday. The stock has a market cap of $103,390.00 and a price-to-earnings ratio of 16.91. Siemens has a fifty-two week low of €108.11 ($128.70) and a fifty-two week high of €133.39 ($158.80).
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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