Siemens AG (FRA:SIE) Receives €122.95 Consensus Target Price from Analysts

Share on StockTwits

Siemens AG (FRA:SIE) has earned an average recommendation of “Buy” from the twenty-one ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is €123.00 ($143.02).

A number of equities analysts have recently weighed in on SIE shares. DZ Bank reaffirmed a “buy” rating on shares of Siemens in a research report on Thursday, May 23rd. Independent Research set a €32.00 ($37.21) price target on Bilfinger and gave the stock a “neutral” rating in a research note on Thursday, May 9th. Deutsche Bank reiterated a “hold” rating and set a GBX 350 ($4.57) price target on shares of in a research note on Friday, July 5th. Royal Bank of Canada reissued an “average” rating and set a $48.00 price objective on shares of in a report on Thursday, June 27th. Finally, Credit Suisse Group reduced their price target on FOX from $51.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, June 3rd.

Shares of FRA SIE traded down €0.04 ($0.05) during mid-day trading on Wednesday, reaching €99.50 ($115.70). The company had a trading volume of 1,302,906 shares. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10). The company has a 50-day moving average price of €103.30.

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.

Recommended Story: What is the Dividend Aristocrat Index?

Analyst Recommendations for Siemens (FRA:SIE)

Receive News & Ratings for Siemens Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens and related companies with MarketBeat.com's FREE daily email newsletter.