UBS Group set a €127.00 ($147.67) price objective on Siemens (FRA:SIE) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts have also weighed in on SIE. Morgan Stanley set a €122.00 ($141.86) target price on Siemens and gave the stock a neutral rating in a research note on Wednesday, January 15th. Independent Research set a €121.00 ($140.70) target price on Siemens and gave the stock a neutral rating in a research note on Thursday, February 6th. DZ Bank reiterated a buy rating on shares of Siemens in a research note on Thursday, February 6th. Commerzbank set a €133.00 ($154.65) target price on Siemens and gave the stock a buy rating in a research note on Thursday, November 7th. Finally, Credit Suisse Group set a €145.00 ($168.60) target price on Siemens and gave the stock a buy rating in a research note on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of €127.69 ($148.47).
SIE stock opened at €106.66 ($124.02) on Wednesday. The business’s fifty day simple moving average is €114.61 and its two-hundred day simple moving average is €105.68. Siemens has a twelve month low of €101.40 ($117.91) and a twelve month 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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