Siemens (FRA:SIE) has been assigned a €118.00 ($137.21) price objective by JPMorgan Chase & Co. in a report released on Monday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 18.59% from the stock’s previous close.
A number of other brokerages have also recently commented on SIE. Kepler Capital Markets set a €120.00 ($139.53) target price on shares of Siemens and gave the company a “buy” rating in a report on Tuesday, January 29th. Bank of America set a €130.00 ($151.16) target price on shares of Siemens and gave the company a “buy” rating in a report on Wednesday, January 9th. Deutsche Bank set a €115.00 ($133.72) target price on shares of Siemens and gave the company a “neutral” rating in a report on Friday, December 7th. Morgan Stanley set a €127.00 ($147.67) target price on shares of Siemens and gave the company a “buy” rating in a report on Monday, January 14th. Finally, DZ Bank reiterated a “buy” rating on shares of Siemens in a research report on Friday, March 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €121.10 ($140.81).
Shares of SIE stock opened at €99.50 ($115.70) on Monday. Siemens has a 12 month low of €101.40 ($117.91) and a 12 month high of €133.39 ($155.10).
Siemens Company Profile
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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