JPMorgan Chase & Co. Reiterates “Neutral” Rating for Siemens (SIE)

JPMorgan Chase & Co. reissued their neutral rating on shares of Siemens (FRA:SIE) in a research note released on Wednesday morning.

SIE has been the topic of several other reports. Societe Generale set a €135.00 ($160.71) price target on shares of Siemens and gave the company a buy rating in a research report on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) price target on shares of Siemens and gave the company a buy rating in a research report on Wednesday, October 11th. UBS Group reiterated a buy rating on shares of Siemens in a research report on Wednesday, November 1st. Jefferies Group set a €150.00 ($178.57) price target on shares of Siemens and gave the company a buy rating in a research report on Monday, November 13th. Finally, Citigroup set a €134.00 ($159.52) price target on shares of Siemens and gave the company a buy rating in a research report on Monday, October 23rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €129.82 ($154.55).

Shares of Siemens (FRA SIE) opened at €122.44 ($145.76) on Wednesday. The company has a market cap of $103,390.00 and a P/E ratio of 16.91. Siemens has a 1 year low of €108.11 ($128.70) and a 1 year high of €133.39 ($158.80).

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About Siemens

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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