Siemens (SIE) Given a €130.00 Price Target at Main First Bank

Main First Bank set a €130.00 ($154.76) price objective on Siemens (FRA:SIE) in a report released on Tuesday. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently issued reports on SIE. Barclays set a €120.00 ($142.86) price objective on Siemens and gave the company a neutral rating in a research report on Friday, October 6th. Commerzbank set a €122.00 ($145.24) price objective on Siemens and gave the company a neutral rating in a research report on Thursday, November 9th. UBS reaffirmed a buy rating on shares of Siemens in a research report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) price objective on Siemens and gave the company a buy rating in a research report on Thursday, September 28th. Finally, Credit Suisse Group set a €130.00 ($154.76) price objective on Siemens and gave the company a neutral rating in a research report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €129.77 ($154.49).

Siemens (FRA:SIE) opened at €117.45 ($139.82) on Tuesday. The stock has a market capitalization of $100,010.00 and a P/E ratio of 16.22. Siemens has a 12-month low of €108.11 ($128.70) and a 12-month high of €133.39 ($158.80).

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Siemens Company Profile

Siemens Aktiengesellschaft operates as a technology company worldwide. The company’s 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.

Analyst Recommendations for Siemens (FRA:SIE)

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