Siemens (SIE) Given a €123.00 Price Target by J P Morgan Chase & Co Analysts
Siemens (FRA:SIE) has been assigned a €123.00 ($146.43) price target by research analysts at J P Morgan Chase & Co in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock. J P Morgan Chase & Co’s price objective indicates a potential upside of 8.80% from the company’s previous close.
A number of other research firms have also recently weighed in on SIE. Barclays set a €120.00 ($142.86) price objective on shares of Siemens and gave the stock a “neutral” rating in a research report on Friday, October 6th. Jefferies Group set a €150.00 ($178.57) price objective on shares of Siemens and gave the stock a “buy” rating in a research report on Friday, August 4th. Commerzbank set a €122.00 ($145.24) price objective on shares of Siemens and gave the stock a “neutral” rating in a research report on Thursday, November 9th. UBS restated a “buy” rating on shares of Siemens in a research report on Wednesday, November 1st. Finally, Nord/LB set a €130.00 ($154.76) price objective on shares of Siemens and gave the stock a “buy” rating in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €129.90 ($154.65).
Shares of Siemens (FRA SIE) opened at €113.05 ($134.58) on Friday. Siemens has a twelve month low of €104.30 ($124.17) and a twelve month high of €133.39 ($158.80).
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Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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 producing and transporting oil and gas.
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