Nord/LB Reiterates “€120.00” Price Target for Siemens (FRA:SIE)

Nord/LB set a €120.00 ($141.18) target price on Siemens (FRA:SIE) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also commented on SIE. JPMorgan Chase & Co. set a €126.00 ($148.24) target price on shares of Siemens and gave the company a buy rating in a report on Wednesday. UBS Group set a €130.00 ($152.94) price target on shares of Siemens and gave the company a buy rating in a research report on Thursday, August 27th. Independent Research set a €119.00 ($140.00) target price on shares of Siemens and gave the stock a neutral rating in a report on Thursday. Morgan Stanley set a €120.00 ($141.18) target price on Siemens and gave the company a neutral rating in a report on Thursday, August 20th. Finally, Credit Suisse Group set a €145.00 ($170.59) target price on Siemens and gave the stock a buy rating in a report on Friday, August 7th. Four equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock has an average rating of Buy and an average target price of €128.29 ($150.93).

Siemens stock traded down €2.28 ($2.68) during midday trading on Thursday, reaching €116.84 ($137.46). 2,260,927 shares of the stock were exchanged. Siemens has a 52 week low of €101.40 ($119.29) and a 52 week high of €133.39 ($156.93). The company’s fifty day moving average is €114.77 and its 200-day moving average is €97.10.

Siemens Company Profile

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.

See Also: Net Asset Value

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.