Siemens (FRA:SIE) has been assigned a €110.00 ($130.95) target price by equities researchers at Barclays in a report released on Monday. The brokerage presently has a “sell” rating on the stock. Barclays’ price target indicates a potential downside of 4.55% from the company’s previous close.
Several other research analysts also recently issued reports on the stock. Nord/LB set a €125.00 ($148.81) price objective on shares of Siemens and gave the stock a “neutral” rating in a report on Thursday, December 28th. DZ Bank restated a “buy” rating on shares of Siemens in a report on Tuesday, December 26th. Credit Suisse Group set a €128.00 ($152.38) target price on shares of Siemens and gave the company a “neutral” rating in a research report on Tuesday, December 26th. Baader Bank set a €132.00 ($157.14) target price on shares of Siemens and gave the company a “buy” rating in a research report on Wednesday, December 20th. Finally, Main First Bank set a €130.00 ($154.76) target price on shares of Siemens and gave the company a “buy” rating in a research report on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €129.77 ($154.49).
Siemens (FRA SIE) opened at €115.24 ($137.19) on Monday. Siemens has a twelve month low of €108.11 ($128.70) and a twelve month high of €133.39 ($158.80). The stock has a market cap of $98,260.00 and a PE ratio of 15.92.
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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