Siemens (SIE) Given a €130.00 Price Target at Berenberg Bank

Berenberg Bank set a €130.00 ($151.16) price objective on Siemens (FRA:SIE) in a research note issued to investors on Monday. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently commented on SIE. Kepler Capital Markets set a €135.00 ($156.98) price objective on Siemens and gave the company a buy rating in a research note on Tuesday, July 24th. JPMorgan Chase & Co. set a €122.00 ($141.86) price objective on Siemens and gave the company a neutral rating in a research note on Thursday, August 2nd. Independent Research set a €126.00 ($146.51) price objective on Siemens and gave the company a neutral rating in a research note on Thursday, August 2nd. Baader Bank set a €130.00 ($151.16) price objective on Siemens and gave the company a buy rating in a research note on Thursday, August 2nd. Finally, UBS Group set a €138.00 ($160.47) price objective on Siemens and gave the company a buy rating in a research note on Thursday, August 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of €127.40 ($148.14).

Shares of Siemens stock opened at €99.45 ($115.64) on Monday. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week high of €133.39 ($155.10).

Siemens Company Profile

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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Analyst Recommendations for Siemens (FRA:SIE)

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