Siemens (FRA:SIE) has been assigned a €122.00 ($145.24) price target by stock analysts at Commerzbank in a research report issued to clients and investors on Friday, November 17th. The firm presently has a “neutral” rating on the stock. Commerzbank’s price objective would suggest a potential upside of 6.41% from the company’s previous close.
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 research report on Monday, October 9th. Societe Generale set a €135.00 ($160.71) price objective on shares of Siemens and gave the company a “buy” rating in a research report on Tuesday, November 14th. Berenberg Bank set a €140.00 ($166.67) target price on Siemens and gave the stock a “buy” rating in a report on Wednesday, October 11th. UBS reiterated a “buy” rating on shares of Siemens in a report on Wednesday, November 1st. Finally, Jefferies Group set a €150.00 ($178.57) target price on Siemens and gave the stock a “buy” rating in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the stock. Siemens has an average rating of “Hold” and an average price target of €129.90 ($154.65).
Siemens (FRA SIE) traded up €1.60 ($1.90) during mid-day trading on Friday, hitting €114.65 ($136.49). The stock had a trading volume of 2,058,247 shares. Siemens has a one year low of €104.30 ($124.17) and a one year 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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