Siemens (FRA:SIE) Given a €115.00 Price Target by Deutsche Bank Analysts

Siemens (FRA:SIE) has been given a €115.00 ($133.72) price target by equities research analysts at Deutsche Bank in a report released on Wednesday, October 3rd. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 15.28% from the stock’s previous close.

Several other brokerages also recently issued reports on SIE. JPMorgan Chase & Co. set a €123.00 ($143.02) price target on Siemens and gave the stock a “neutral” rating in a report on Tuesday, October 2nd. HSBC set a €123.00 ($143.02) price target on Siemens and gave the stock a “neutral” rating in a report on Tuesday, October 2nd. Citigroup set a €137.00 ($159.30) price target on Siemens and gave the stock a “buy” rating in a report on Thursday, September 27th. UBS Group set a €138.00 ($160.47) target price on Siemens and gave the company a “buy” rating in a research report on Tuesday, September 25th. Finally, Barclays set a €105.00 ($122.09) target price on Siemens and gave the company a “sell” rating in a research report on Monday, September 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €131.50 ($152.91).

FRA:SIE opened at €99.76 ($116.00) on Wednesday. Siemens has a 52 week low of €101.40 ($117.91) and a 52 week high of €133.39 ($155.10).

Siemens Company Profile

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.

Featured Story: How to Invest in 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.

Leave a Reply