Royal Bank of Canada set a €108.00 ($125.58) price objective on Siemens (FRA:SIE) in a research note published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also weighed in on SIE. UBS Group set a €130.00 ($151.16) target price on shares of Siemens and gave the company a buy rating in a report on Monday, February 25th. JPMorgan Chase & Co. set a €118.00 ($137.21) target price on shares of Siemens and gave the company a buy rating in a report on Tuesday, February 26th. DZ Bank reissued a buy rating on shares of Siemens in a report on Friday, March 15th. Morgan Stanley set a €119.00 ($138.37) target price on shares of Siemens and gave the company a buy rating in a report on Wednesday, April 10th. Finally, Deutsche Bank set a €110.00 ($127.91) target price on shares of Siemens and gave the company a neutral rating in a report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of €123.15 ($143.20).
Shares of SIE opened at €104.20 ($121.16) on Thursday. Siemens has a 1 year low of €101.40 ($117.91) and a 1 year high of €133.39 ($155.10).
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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