HSBC set a €130.00 ($151.16) target price on Siemens (FRA:SIE) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts also recently weighed in on the company. Nord/LB set a €114.00 ($132.56) price target on Siemens and gave the company a neutral rating in a research report on Friday, November 8th. Morgan Stanley set a €113.00 ($131.40) price objective on Siemens and gave the stock a buy rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. set a €127.00 ($147.67) price objective on shares of Siemens and gave the stock a buy rating in a report on Monday, November 25th. Deutsche Bank set a €140.00 ($162.79) target price on shares of Siemens and gave the company a buy rating in a research note on Tuesday, November 19th. Finally, UBS Group set a €127.00 ($147.67) target price on shares of Siemens and gave the stock a buy rating in a report on Wednesday, November 13th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of €125.13 ($145.50).
FRA:SIE opened at €116.80 ($135.81) on Thursday. The business’s 50 day moving average is €110.66 and its two-hundred day moving average is €101.59. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week 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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