Morgan Stanley set a €119.00 ($138.37) target price on Siemens (FRA:SIE) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also weighed in on SIE. JPMorgan Chase & Co. set a €117.00 ($136.05) target price on Siemens and gave the company a buy rating in a research note on Thursday. Royal Bank of Canada set a €108.00 ($125.58) price target on Siemens and gave the stock a neutral rating in a research report on Wednesday, April 24th. UBS Group set a €130.00 ($151.16) price target on Siemens and gave the stock a buy rating in a research report on Wednesday, April 10th. Deutsche Bank set a €110.00 ($127.91) price target on Siemens and gave the stock a neutral rating in a research report on Wednesday, April 10th. Finally, Kepler Capital Markets set a €120.00 ($139.53) price target on Siemens and gave the stock a buy rating in a research report on Tuesday, January 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of Buy and an average price target of €120.65 ($140.29).
FRA:SIE traded up €0.42 ($0.49) during mid-day trading on Thursday, hitting €105.76 ($122.98). The company had a trading volume of 1,331,637 shares. Siemens has a fifty-two week low of €101.40 ($117.91) and a fifty-two week 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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