Siemens (SIE) PT Set at €115.00 by JPMorgan Chase & Co.

Siemens (FRA:SIE) received a €115.00 ($133.72) target price from equities researchers at JPMorgan Chase & Co. in a report released on Wednesday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 15.71% from the stock’s current price.

A number of other research firms also recently weighed in on SIE. UBS Group set a €138.00 ($160.47) target price on Siemens and gave the stock a “buy” rating in a research report on Tuesday, September 25th. Barclays set a €105.00 ($122.09) target price on Siemens and gave the stock a “sell” rating in a research report on Monday, September 24th. Citigroup set a €137.00 ($159.30) target price on Siemens and gave the stock a “buy” rating in a research report on Thursday, September 27th. HSBC set a €123.00 ($143.02) price objective on Siemens and gave the company a “neutral” rating in a report on Tuesday, October 2nd. Finally, Credit Suisse Group set a €129.00 ($150.00) price objective on Siemens and gave the company a “neutral” rating in a report on Wednesday, October 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €125.70 ($146.16).

SIE stock opened at €99.39 ($115.57) on Wednesday. Siemens has a twelve month low of €101.40 ($117.91) and a twelve month high of €133.39 ($155.10).

About Siemens

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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