Siemens (FRA:SIE) received a €150.00 ($178.57) price objective from investment analysts at UBS in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. UBS’s price target suggests a potential upside of 33.39% from the stock’s current price.
SIE has been the subject of a number of other research reports. J P Morgan Chase & Co restated a “neutral” rating on shares of Siemens in a report on Monday, October 9th. Societe Generale set a €135.00 ($160.71) target price on Siemens and gave the company a “buy” rating in a report on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) target price on Siemens and gave the company a “buy” rating in a report on Wednesday, October 11th. Jefferies Group set a €150.00 ($178.57) target price on Siemens and gave the company a “buy” rating in a report on Monday, November 13th. Finally, Citigroup set a €134.00 ($159.52) target price on Siemens and gave the company a “buy” rating in a report on Monday, October 23rd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of €129.19 ($153.80).
Shares of Siemens (SIE) opened at €112.45 ($133.87) on Wednesday. Siemens has a 12-month low of €105.34 ($125.40) and a 12-month high of €133.39 ($158.80).
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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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