UBS Group set a €127.00 ($147.67) target price on Siemens (FRA:SIE) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
SIE has been the subject of several other research reports. DZ Bank restated a buy rating on shares of Siemens in a research report on Friday, November 8th. Commerzbank set a €133.00 ($154.65) price target on shares of Siemens and gave the company a buy rating in a research report on Thursday, November 7th. Goldman Sachs Group set a €132.00 ($153.49) price target on shares of Siemens and gave the company a buy rating in a research report on Monday. JPMorgan Chase & Co. restated a buy rating on shares of Siemens in a research report on Monday. Finally, Royal Bank of Canada set a €108.00 ($125.58) price target on shares of Siemens and gave the company a neutral rating in a research report on Thursday, November 7th. Six research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of €126.82 ($147.47).
SIE traded up €1.04 ($1.21) during trading on Thursday, hitting €117.10 ($136.16). 2,426,127 shares of the company traded hands. The stock’s fifty day moving average is €117.09 and its 200 day moving average is €104.15. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10).
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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