Deutsche Bank Reiterates €105.00 Price Target for Siemens (FRA:SIE)

Deutsche Bank set a €105.00 ($122.09) target price on Siemens (FRA:SIE) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently commented on SIE. Credit Suisse Group set a €145.00 ($168.60) price objective on shares of Siemens and gave the company a buy rating in a research note on Monday, February 10th. Bank of America set a €142.00 ($165.12) price objective on shares of Siemens and gave the company a buy rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. set a €128.00 ($148.84) price objective on shares of Siemens and gave the company a buy rating in a research note on Friday, March 20th. Royal Bank of Canada set a €110.00 ($127.91) price objective on shares of Siemens and gave the company a buy rating in a research note on Thursday, March 19th. Finally, Nord/LB set a €126.00 ($146.51) price objective on shares of Siemens and gave the company a buy rating in a research note on Monday, February 17th. Four investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €122.50 ($142.44).

FRA SIE opened at €76.73 ($89.22) on Monday. Siemens has a 12 month low of €101.40 ($117.91) and a 12 month high of €133.39 ($155.10). The company’s fifty day moving average price is €90.99 and its two-hundred day moving average price is €104.65.

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.

Further Reading: Book Value Of Equity Per Share – BVPS Explained

Analyst Recommendations for Siemens (FRA:SIE)

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