Siemens (FRA:SIE) PT Set at €122.00 by Morgan Stanley

Siemens (FRA:SIE) has been assigned a €122.00 ($141.86) price target by equities researchers at Morgan Stanley in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s target price suggests a potential upside of 25.48% from the stock’s previous close.

A number of other equities analysts have also commented on SIE. Deutsche Bank set a €105.00 ($122.09) target price on shares of Siemens and gave the stock a “buy” rating in a research report on Thursday, September 5th. Jefferies Financial Group set a €130.00 ($151.16) target price on shares of Siemens and gave the stock a “buy” rating in a research report on Tuesday, June 4th. Oddo Bhf set a €98.00 ($113.95) target price on shares of Siemens and gave the stock a “neutral” rating in a research report on Friday, August 2nd. JPMorgan Chase & Co. set a €120.00 ($139.53) target price on shares of Siemens and gave the stock a “buy” rating in a research report on Thursday. Finally, DZ Bank reaffirmed a “buy” rating on shares of Siemens in a research report on Monday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of €119.33 ($138.76).

Shares of FRA:SIE opened at €97.23 ($113.06) on Friday. The firm’s 50 day simple moving average is €92.42 and its 200-day simple moving average is €99.56. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10).

About Siemens

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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Analyst Recommendations for Siemens (FRA:SIE)

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