UBS Group set a €127.00 ($147.67) target price on Siemens (FRA:SIE) in a research note released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also commented on SIE. Bank of America set a €142.00 ($165.12) price target on shares of Siemens and gave the company a buy rating in a research report on Wednesday, January 8th. Deutsche Bank set a €138.00 ($160.47) price target on shares of Siemens and gave the company a buy rating in a research report on Tuesday, February 4th. Royal Bank of Canada set a €120.00 ($139.53) price target on shares of Siemens and gave the company a neutral rating in a research report on Wednesday, February 5th. Nord/LB set a €114.00 ($132.56) price target on shares of Siemens and gave the company a neutral rating in a research report on Friday, November 8th. Finally, DZ Bank reissued a buy rating on shares of Siemens in a report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Siemens currently has a consensus rating of Buy and an average price target of €127.69 ($148.47).
FRA SIE opened at €106.66 ($124.02) on Wednesday. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week high of €133.39 ($155.10). The company has a 50-day moving average price of €114.61 and a 200-day moving average price of €105.68.
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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