Siemens (FRA:SIE) Given a €125.00 Price Target by Morgan Stanley Analysts

Siemens (FRA:SIE) has been given a €125.00 ($145.35) target price by investment analysts at Morgan Stanley in a report released on Thursday, June 6th, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 19.50% from the company’s current price.

A number of other research analysts also recently issued reports on SIE. Deutsche Bank set a €110.00 ($127.91) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, May 8th. Royal Bank of Canada set a €108.00 ($125.58) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, May 8th. Independent Research set a €120.00 ($139.53) price target on shares of Siemens and gave the stock a “neutral” rating in a research note on Thursday, May 9th. Citigroup set a €138.00 ($160.47) price target on shares of Siemens and gave the stock a “buy” rating in a research note on Thursday, May 9th. Finally, UBS Group set a €130.00 ($151.16) price objective on shares of Siemens and gave the stock a “buy” rating in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of €123.15 ($143.20).

Shares of SIE traded up €1.06 ($1.23) during trading on Thursday, reaching €104.60 ($121.63). 2,207,268 shares of the company traded hands. The business’s 50-day moving average is €105.01. Siemens has a twelve month low of €101.40 ($117.91) and a twelve month high of €133.39 ($155.10).

Siemens Company Profile

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.

See Also: Dead Cat Bounce

Analyst Recommendations for Siemens (FRA:SIE)

Receive News & Ratings for Siemens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens and related companies with MarketBeat.com's FREE daily email newsletter.