UBS Group set a €138.00 ($160.47) price objective on Siemens (FRA:SIE) in a research note issued to investors on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

SIE has been the topic of several other research reports. Berenberg Bank set a €140.00 ($162.79) target price on 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) target price on Siemens and gave the company a buy rating in a research report on Tuesday, July 24th. Commerzbank set a €130.00 ($151.16) target price on Siemens and gave the company a buy rating in a research report on Thursday, August 2nd. Jefferies Financial Group set a €140.00 ($162.79) target price on Siemens and gave the company a buy rating in a research report on Thursday, June 21st. Finally, Nord/LB set a €130.00 ($151.16) target price on Siemens and gave the company a buy rating in a research report on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €131.50 ($152.91).

Shares of FRA SIE traded down €1.26 ($1.47) during midday trading on Thursday, hitting €100.10 ($116.40). The stock had a trading volume of 3,417,836 shares. Siemens has a 1 year low of €101.40 ($117.91) and a 1 year high of €133.39 ($155.10).

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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Analyst Recommendations for Siemens (FRA:SIE)

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