Siemens (FRA:SIE) PT Set at €113.00 by Morgan Stanley
Morgan Stanley set a €113.00 ($131.40) price objective on Siemens (FRA:SIE) in a research note released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
SIE has been the subject of a number of other reports. Deutsche Bank set a €105.00 ($122.09) target price on Siemens and gave the company a buy rating in a report on Monday, October 7th. UBS Group set a €120.00 ($139.53) target price on Siemens and gave the company a buy rating in a report on Wednesday, September 25th. DZ Bank restated a buy rating on shares of Siemens in a report on Monday, September 9th. Oddo Bhf set a €98.00 ($113.95) target price on Siemens and gave the company a neutral rating in a report on Friday, August 2nd. Finally, Nord/LB set a €114.00 ($132.56) target price on Siemens and gave the company a buy rating in a report on Thursday, August 1st. Five analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Siemens has a consensus rating of Buy and a consensus target price of €120.00 ($139.53).
Shares of Siemens stock opened at €113.80 ($132.33) on Wednesday. The business has a 50-day moving average of €100.61 and a 200 day moving average of €100.26. Siemens has a 12 month low of €101.40 ($117.91) and a 12 month high of €133.39 ($155.10).
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.
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