Jefferies Financial Group Reiterates “€130.00” Price Target for Siemens (SIE)

Siemens (FRA:SIE) has been assigned a €130.00 ($151.16) price target by equities researchers at Jefferies Financial Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 25.70% from the stock’s current price.

Other equities analysts have also issued research reports about the company. JPMorgan Chase & Co. restated a “buy” rating on shares of Siemens in a research note on Monday, April 8th. UBS Group set a €130.00 ($151.16) price objective on Siemens and gave the company a “buy” rating in a research note on Thursday, March 28th. DZ Bank reiterated a “buy” rating on shares of Siemens in a research note on Friday, March 15th. Finally, Nord/LB set a €125.00 ($145.35) price objective on Siemens and gave the company a “buy” rating in a research note on Tuesday, February 5th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. Siemens presently has an average rating of “Buy” and a consensus target price of €122.85 ($142.85).

Shares of SIE stock opened at €103.42 ($120.26) on Tuesday. Siemens has a 1 year low of €101.40 ($117.91) and a 1 year high of €133.39 ($155.10).

About Siemens

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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