Credit Suisse Group Reiterates €128.00 Price Target for Siemens (SIE)

The firm now has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on SIE.

Baader Bank set a €125.00 ($134.41) target price on shares of Siemens AG and gave the stock a "buy" rating in a research note on Wednesday, December 28th. Barclays set a €125.00 ($148.81) price objective on Siemens and gave the company a "neutral" rating in a report on Monday, September 25th. Jefferies Group set a €150.00 ($178.57) target price on Siemens and gave the company a buy rating in a research note on Monday, November 20th. Societe Generale set a €135.00 ($160.71) price target on Siemens and gave the stock a buy rating in a research report on Tuesday, November 14th. Kepler Capital Markets set a €118.00 ($126.88) target price on shares of Siemens AG and gave the stock a "buy" rating in a research note on Monday, October 24th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have assigned a buy rating to the company. The company now has a consensus rating of "Hold" and an average price target of €129.82 ($154.55).

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Siemens (SIE) traded up €0.22 ($0.26) during trading on Wednesday, reaching €120.62 ($143.60). The company's stock had a trading volume of 2,170,261 shares. Siemens AG has a 52-week low of €79.36 and a 52-week high of €120.36. The firm has a market cap of $102,700.00 and a PE ratio of 16.66.

ILLEGAL ACTIVITY WARNING: This article was first published by Week Herald and is owned by of Week Herald. 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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