Deutsche Bank Reiterates €105.00 Price Target for Siemens (FRA:SIE)

Deutsche Bank set a €105.00 ($122.09) target price on Siemens (FRA:SIE) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued research reports about the company. Barclays reiterated a neutral rating on shares of Siemens in a research note on Monday, March 9th. Independent Research set a €121.00 ($140.70) price objective on Siemens and gave the company a neutral rating in a report on Thursday, February 6th. Jefferies Financial Group set a €126.00 ($146.51) price objective on Siemens and gave the company a buy rating in a research note on Thursday, March 19th. JPMorgan Chase & Co. set a €128.00 ($148.84) target price on Siemens and gave the stock a buy rating in a report on Friday, March 20th. Finally, Morgan Stanley set a €122.00 ($141.86) target price on Siemens and gave the stock a neutral rating in a research report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of €122.50 ($142.44).

Siemens stock opened at €76.73 ($89.22) on Monday. Siemens has a one year low of €101.40 ($117.91) and a one year high of €133.39 ($155.10). The company’s fifty day moving average price is €90.99 and its two-hundred day moving average price is €104.65.

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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