Siemens (SIE) Given a €130.00 Price Target by Main First Bank Analysts

Siemens (FRA:SIE) has been given a €130.00 ($154.76) target price by equities researchers at Main First Bank in a research report issued to clients and investors on Tuesday, December 19th. The brokerage currently has a “buy” rating on the stock. Main First Bank’s target price indicates a potential upside of 6.37% from the stock’s previous close.

A number of other research firms have also weighed in on SIE. JPMorgan Chase & Co. set a €128.00 ($152.38) price target on shares of Siemens and gave the stock a “neutral” rating in a research report on Tuesday, November 7th. UBS Group set a €150.00 ($178.57) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Tuesday, November 7th. Barclays set a €125.00 ($148.81) price target on shares of Siemens and gave the stock a “neutral” rating in a research report on Tuesday, November 7th. Baader Bank set a €134.00 ($159.52) price target on shares of Siemens and gave the stock a “buy” rating in a research report on Thursday, November 9th. Finally, Commerzbank set a €122.00 ($145.24) price target on shares of Siemens and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of €129.82 ($154.55).

Shares of Siemens (FRA SIE) traded up €1.02 ($1.21) during midday trading on Tuesday, reaching €122.22 ($145.50). 14,192 shares of the company traded hands. The company has a market capitalization of $103,390.00 and a price-to-earnings ratio of 16.88. Siemens has a 12 month low of €108.11 ($128.70) and a 12 month high of €133.39 ($158.80).

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About Siemens

Siemens Aktiengesellschaft operates as a technology company worldwide. The company’s 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.

Analyst Recommendations for Siemens (FRA:SIE)

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