Siemens (FRA:SIE) Given a €146.00 Price Target at Goldman Sachs Group
Goldman Sachs Group set a €146.00 ($171.76) price target on Siemens (FRA:SIE) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
SIE has been the subject of several other reports. Independent Research set a €119.00 ($140.00) price target on Siemens and gave the stock a neutral rating in a research report on Thursday, September 3rd. Berenberg Bank set a €146.00 ($171.76) price target on Siemens and gave the stock a buy rating in a research report on Friday, September 11th. Nord/LB set a €120.00 ($141.18) price target on Siemens and gave the stock a neutral rating in a research report on Thursday, September 3rd. DZ Bank restated a buy rating and set a €140.00 ($164.71) price target on shares of Siemens in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. set a €126.00 ($148.24) price target on Siemens and gave the stock a buy rating in a research report on Tuesday, September 8th. Four investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €129.94 ($152.87).
SIE opened at €118.68 ($139.62) on Monday. Siemens has a 52 week low of €101.40 ($119.29) and a 52 week high of €133.39 ($156.93). The business has a fifty day simple moving average of €115.80 and a 200-day simple moving average of €97.75.
Siemens Aktiengesellschaft operates in the fields of electrification, automation, and digitalization worldwide. Its Power and Gas segment offers gas and steam turbines, generators, compressor trains, integrated power plant solutions, and instrumentation and control systems for power generation. The company's Energy Management segment offers software, products, systems, solutions, and services for transmitting, distributing, and managing electrical power, as well as for providing intelligent power infrastructure.
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