UBS Group Analysts Give Siemens (SIE) a €138.00 Price Target

Siemens (FRA:SIE) has been assigned a €138.00 ($160.47) target price by UBS Group in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 34.84% from the stock’s current price.

SIE has been the subject of a number of other reports. Berenberg Bank set a €140.00 ($162.79) price objective on shares of Siemens and gave the company a “buy” rating in a research report on Wednesday, July 25th. Kepler Capital Markets set a €135.00 ($156.98) price objective on shares of Siemens and gave the company a “buy” rating in a research report on Tuesday, July 24th. Commerzbank set a €130.00 ($151.16) price objective on shares of Siemens and gave the company a “buy” rating in a research report on Thursday, August 2nd. Nord/LB set a €130.00 ($151.16) price objective on shares of Siemens and gave the company a “buy” rating in a research report on Friday, August 3rd. Finally, JPMorgan Chase & Co. set a €124.00 ($144.19) price objective on shares of Siemens and gave the company a “neutral” rating in a research report on Tuesday, September 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of €128.55 ($149.48).

FRA:SIE opened at €102.34 ($119.00) on Thursday. Siemens has a 1-year low of €101.40 ($117.91) and a 1-year high of €133.39 ($155.10).

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.

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