Siemens (FRA:SIE) received a €135.00 ($160.71) price target from equities research analysts at Citigroup in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective would indicate a potential upside of 11.44% from the stock’s current price.
Several other research firms have also commented on SIE. Barclays set a €120.00 ($142.86) price target on Siemens and gave the stock a “neutral” rating in a research report on Friday, October 6th. Commerzbank set a €122.00 ($145.24) price target on Siemens and gave the stock a “neutral” rating in a research report on Thursday, November 9th. UBS Group reaffirmed a “buy” rating on shares of Siemens in a research report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) target price 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) target price on Siemens and gave the company a “neutral” rating in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of €129.82 ($154.55).
Siemens (FRA SIE) opened at €121.14 ($144.21) on Thursday. The company has a market capitalization of $102,440.00 and a price-to-earnings ratio of 16.73. Siemens has a 1 year low of €108.11 ($128.70) and a 1 year 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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