Siemens (FRA:SIE) has been assigned a €127.00 ($147.67) price objective by analysts at JPMorgan Chase & Co. in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 8.73% from the company’s previous close.
SIE has been the subject of a number of other reports. Morgan Stanley set a €122.00 ($141.86) price objective on shares of Siemens and gave the stock a “neutral” rating in a research note on Thursday. UBS Group set a €127.00 ($147.67) target price on shares of Siemens and gave the company a “buy” rating in a research report on Wednesday, November 13th. Independent Research set a €116.00 ($134.88) price target on shares of Siemens and gave the company a “neutral” rating in a report on Wednesday, November 13th. HSBC set a €130.00 ($151.16) price target on shares of Siemens and gave the company a “buy” rating in a report on Thursday. Finally, DZ Bank reaffirmed a “buy” rating on shares of Siemens in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of €125.13 ($145.50).
Shares of Siemens stock opened at €116.80 ($135.81) on Thursday. Siemens has a 12 month low of €101.40 ($117.91) and a 12 month high of €133.39 ($155.10). The stock’s fifty day moving average price is €110.66 and its 200-day moving average price is €101.59.
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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