Siemens (FRA:SIE) has been given a €110.00 ($130.95) target price by equities researchers at Barclays in a note issued to investors on Monday. The firm currently has a “sell” rating on the stock. Barclays’ price target would suggest a potential downside of 10.16% from the stock’s current price.
Several other research firms have also recently weighed in on SIE. Commerzbank set a €122.00 ($145.24) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday, November 9th. UBS Group reiterated a “buy” rating on shares of Siemens in a report on Wednesday, November 1st. Nord/LB set a €130.00 ($154.76) price objective on Siemens and gave the stock a “buy” rating in a report on Thursday, September 28th. Credit Suisse Group set a €130.00 ($154.76) price objective on Siemens and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Finally, Independent Research set a €124.00 ($147.62) price objective on Siemens and gave the stock a “neutral” rating in a report on Friday, December 1st. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €129.82 ($154.55).
Shares of Siemens (SIE) opened at €122.44 ($145.76) on Monday. Siemens has a fifty-two week low of €108.11 ($128.70) and a fifty-two week high of €133.39 ($158.80). The firm has a market capitalization of $103,390.00 and a P/E ratio of 16.91.
Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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.
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