Siemens (SIE) PT Set at €138.00 by UBS Group

Siemens (FRA:SIE) received a €138.00 ($160.47) price target from UBS Group in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 34.84% from the company’s previous close.

A number of other analysts also recently commented on the company. Cfra set a €110.00 ($127.91) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday. Societe Generale set a €125.00 ($145.35) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday. Kepler Capital Markets set a €135.00 ($156.98) price objective on Siemens and gave the stock a “buy” rating in a report on Thursday. Baader Bank set a €130.00 ($151.16) price objective on Siemens and gave the stock a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. set a €123.00 ($143.02) price objective on Siemens and gave the stock a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company’s stock. Siemens currently has an average rating of “Buy” and a consensus price target of €128.55 ($149.48).

SIE stock opened at €102.34 ($119.00) on Thursday. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week high of €133.39 ($155.10).

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 oil and gas production and transportation.

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