Siemens (FRA:SIE) has been given a €140.00 ($162.79) price target by equities research analysts at Jefferies Financial Group in a report issued on Wednesday, October 17th. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 36.80% from the company’s current price.
A number of other analysts have also recently weighed in on the stock. UBS Group set a €138.00 ($160.47) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Tuesday, October 9th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Siemens in a report on Monday, October 8th. Credit Suisse Group set a €129.00 ($150.00) price objective on shares of Siemens and gave the stock a “neutral” rating in a report on Wednesday, October 3rd. Barclays set a €105.00 ($122.09) target price on shares of Siemens and gave the company a “sell” rating in a research note on Wednesday, October 3rd. Finally, Deutsche Bank set a €115.00 ($133.72) target price on shares of Siemens and gave the company a “neutral” rating in a research note on Wednesday, October 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. Siemens has an average rating of “Buy” and a consensus price target of €128.55 ($149.48).
Shares of FRA SIE traded down €1.18 ($1.37) during trading on Wednesday, hitting €102.34 ($119.00). 2,697,445 shares of the company traded hands. Siemens has a 1 year low of €101.40 ($117.91) and a 1 year high of €133.39 ($155.10).
Siemens Aktiengesellschaft operates as a technology company worldwide. The company's 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 oil and gas production and transportation.
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