Societe Generale Reiterates “€135.00” Price Target for Siemens (FRA:SIE)

Siemens (FRA:SIE) received a €135.00 ($160.71) price target from analysts at Societe Generale in a note issued to investors on Tuesday, November 14th. The firm presently has a “buy” rating on the stock. Societe Generale’s target price would indicate a potential upside of 19.42% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. Jefferies Group set a €150.00 ($178.57) target price on Siemens and gave the stock a “buy” rating in a research note on Monday, November 13th. Morgan Stanley set a €120.00 ($142.86) target price on Siemens and gave the stock a “neutral” rating in a research note on Friday, November 10th. Citigroup reissued a “buy” rating on shares of Siemens in a research note on Friday, November 10th. S&P Global set a €145.00 ($172.62) target price on Siemens and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, Independent Research set a €124.00 ($147.62) price objective on Siemens and gave the company a “neutral” rating in a research note on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company’s stock. Siemens presently has a consensus rating of “Hold” and an average price target of €129.90 ($154.65).

Siemens (FRA:SIE) traded down €1.15 ($1.37) during trading on Tuesday, reaching €113.05 ($134.58). The company’s stock had a trading volume of 3,724,689 shares. Siemens has a 52 week low of €104.30 ($124.17) and a 52 week high of €133.39 ($158.80).

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Siemens Company Profile

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 producing and transporting oil and gas.

Analyst Recommendations for Siemens (FRA:SIE)

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