Siemens (SIE) Rating Reiterated by Citigroup
Siemens (FRA:SIE)‘s stock had its “buy” rating restated by investment analysts at Citigroup in a note issued to investors on Monday.
A number of other analysts have also recently commented on SIE. Societe Generale set a €135.00 ($160.71) target price on shares of Siemens and gave the stock a “buy” rating in a research note on Monday, August 7th. Goldman Sachs Group set a €102.00 ($121.43) target price on shares of Siemens and gave the stock a “sell” rating in a research note on Wednesday, August 9th. Berenberg Bank set a €140.00 ($166.67) target price on shares of Siemens and gave the stock a “buy” rating in a research note on Thursday, August 10th. Baader Bank set a €136.00 ($161.90) price objective on shares of Siemens and gave the company a “buy” rating in a research note on Thursday, August 10th. Finally, UBS set a €131.00 ($155.95) price objective on shares of Siemens and gave the company a “buy” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of €129.19 ($153.80).
Shares of Siemens (FRA:SIE) opened at €113.45 ($135.06) on Monday. Siemens has a 12 month low of €105.34 ($125.40) and a 12 month high of €133.39 ($158.80).
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Siemens Aktiengesellschaft operates as a technology company worldwide. The companys 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.
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