Goldman Sachs Group Reiterates “€146.00” Price Target for Siemens (FRA:SIE)
Goldman Sachs Group set a €146.00 ($171.76) target price on Siemens (FRA:SIE) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
SIE has been the topic of several other reports. JPMorgan Chase & Co. set a €126.00 ($148.24) target price on Siemens and gave the company a buy rating in a research report on Tuesday, September 8th. UBS Group set a €130.00 ($152.94) target price on Siemens and gave the company a buy rating in a research report on Thursday, August 27th. Kepler Capital Markets set a €120.00 ($141.18) target price on Siemens and gave the company a buy rating in a research report on Friday, August 7th. Independent Research set a €119.00 ($140.00) target price on Siemens and gave the company a neutral rating in a research report on Thursday, September 3rd. Finally, Credit Suisse Group set a €145.00 ($170.59) target price on Siemens and gave the company a buy rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €129.94 ($152.87).
SIE opened at €118.68 ($139.62) on Monday. Siemens has a 12 month low of €101.40 ($119.29) and a 12 month high of €133.39 ($156.93). The stock has a fifty day moving average price of €115.80 and a 200-day moving average price of €97.75.
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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