Siemens (FRA:SIE) has been assigned a €135.00 ($160.71) target price by investment analysts at Societe Generale in a research report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Societe Generale’s target price would indicate a potential upside of 11.66% from the stock’s current price.
A number of other equities research analysts have also recently commented on the company. Citigroup reiterated a “buy” rating on shares of Siemens in a research note on Friday, November 10th. BNP Paribas set a €135.00 ($160.71) price objective on Siemens and gave the stock a “buy” rating in a report on Monday, September 11th. Morgan Stanley set a €120.00 ($142.86) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday, October 5th. Goldman Sachs Group set a €101.00 ($120.24) price objective on Siemens and gave the stock a “sell” rating in a report on Monday, September 11th. Finally, Barclays set a €125.00 ($148.81) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday, November 23rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €129.77 ($154.49).
Shares of Siemens (FRA:SIE) opened at €120.90 ($143.93) on Tuesday. The company has a market capitalization of $102,440.00 and a price-to-earnings ratio of 16.70. Siemens has a 52 week low of €108.11 ($128.70) and a 52 week high of €133.39 ($158.80).
Siemens Company Profile
Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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 producing and transporting oil and gas.
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