JPMorgan Chase & Co. set a €120.00 ($139.53) price objective on Siemens (FRA:SIE) in a research note published on Wednesday morning. The firm currently has a neutral rating on the stock.

SIE has been the topic of several other reports. UBS Group set a €138.00 ($160.47) price objective on Siemens and gave the company a buy rating in a research note on Friday, August 24th. Commerzbank set a €130.00 ($151.16) target price on Siemens and gave the company a buy rating in a research report on Tuesday, October 30th. Citigroup set a €137.00 ($159.30) target price on Siemens and gave the company a buy rating in a research report on Tuesday, October 30th. Cfra set a €110.00 ($127.91) target price on Siemens and gave the company a neutral rating in a research report on Thursday, November 8th. Finally, Morgan Stanley set a €134.00 ($155.81) target price on Siemens and gave the company a buy rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of €125.95 ($146.45).

Shares of FRA:SIE opened at €97.69 ($113.59) on Wednesday. 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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Analyst Recommendations for Siemens (FRA:SIE)

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