Brokerages Set Siemens AG (SIE) Target Price at $130.75
Siemens AG (FRA:SIE) has earned a consensus recommendation of “Hold” from the twenty-one analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is €130.75 ($161.42).
Several research firms recently weighed in on SIE. Jefferies Group set a €150.00 ($185.19) target price on shares of Siemens and gave the company a “buy” rating in a report on Monday, November 20th. Baader Bank set a €132.00 ($162.96) target price on shares of Siemens and gave the company a “buy” rating in a report on Wednesday, January 17th. Deutsche Bank set a €120.00 ($148.15) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Thursday, January 18th. JPMorgan Chase & Co. set a €123.00 ($151.85) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Finally, Independent Research set a €126.00 ($155.56) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, January 31st.
Siemens (FRA:SIE) traded down €2.48 ($3.06) during trading on Wednesday, reaching €107.02 ($132.12). 4,798,332 shares of the company traded hands. Siemens has a 12-month low of €105.00 ($129.63) and a 12-month high of €133.39 ($164.68). The firm has a market cap of $89,800.00 and a P/E ratio of 14.16.
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 oil and gas production and transportation.
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