Siemens (FRA:SIE)‘s stock had its “sell” rating restated by analysts at Barclays in a research report issued on Wednesday.
SIE has been the topic of a number of other reports. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Siemens in a research note on Thursday, August 23rd. Citigroup set a €137.00 ($159.30) target price on shares of Siemens and gave the company a “buy” rating in a research note on Thursday, September 27th. UBS Group set a €138.00 ($160.47) target price on shares of Siemens and gave the company a “buy” rating in a research note on Friday, August 10th. HSBC set a €123.00 ($143.02) target price on shares of Siemens and gave the company a “neutral” rating in a research note on Tuesday, October 2nd. Finally, Deutsche Bank set a €115.00 ($133.72) target price on shares of Siemens and gave the company a “neutral” rating in a research note on Wednesday, October 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €131.50 ($152.91).
Shares of Siemens stock opened at €103.12 ($119.91) on Wednesday. Siemens has a 12-month low of €101.40 ($117.91) and a 12-month high of €133.39 ($155.10).
Siemens Aktiengesellschaft operates as a technology company worldwide. The company's 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 oil and gas production and transportation.
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