Siemens (FRA:SIE) Given a €120.00 Price Target by JPMorgan Chase & Co. Analysts

Siemens (FRA:SIE) has been assigned a €120.00 ($139.53) target price by equities research analysts at JPMorgan Chase & Co. in a research note issued on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 24.08% from the company’s current price.

SIE has been the subject of several other research reports. Morgan Stanley set a €125.00 ($145.35) price target on shares of Siemens and gave the company a “buy” rating in a report on Tuesday, June 25th. DZ Bank restated a “buy” rating on shares of Siemens in a report on Monday. Deutsche Bank set a €105.00 ($122.09) price target on shares of Siemens and gave the company a “buy” rating in a report on Thursday, September 5th. Jefferies Financial Group set a €130.00 ($151.16) price target on shares of Siemens and gave the company a “buy” rating in a report on Tuesday, June 4th. 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 report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen 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 €119.48 ($138.93).

Shares of FRA:SIE traded down €0.66 ($0.77) during trading hours on Thursday, hitting €96.71 ($112.45). The company’s stock had a trading volume of 2,470,039 shares. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week high of €133.39 ($155.10). The firm’s fifty day moving average price is €92.42 and its 200 day moving average price is €99.56.



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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