Siemens (SIE) Receives Average Recommendation of “Buy” from Analysts

Siemens (FRA:SIE) has been assigned a consensus recommendation of “Buy” from the twenty-one research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €130.05 ($154.82).

Several equities analysts have recently weighed in on SIE shares. Berenberg Bank set a €140.00 ($166.67) target price on Siemens and gave the company a “buy” rating in a research report on Friday, January 19th. S&P Global set a €150.00 ($178.57) target price on Siemens and gave the company a “buy” rating in a research report on Wednesday, January 31st. Jefferies Group set a €150.00 ($178.57) target price on Siemens and gave the company a “buy” rating in a research report on Wednesday, January 31st. UBS set a €150.00 ($178.57) target price on Siemens and gave the company a “buy” rating in a research report on Wednesday, January 31st. Finally, Morgan Stanley set a €136.00 ($161.90) target price on Siemens and gave the company a “buy” rating in a research report on Thursday, February 1st.

Shares of Siemens opened at €117.56 ($139.95) on Friday, MarketBeat Ratings reports. Siemens has a 12-month low of €101.40 ($120.71) and a 12-month high of €133.39 ($158.80).

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 oil and gas production and transportation.

Analyst Recommendations for Siemens (FRA:SIE)

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