Siemens (SIE) Stock Rating Reaffirmed by Barclays

Siemens (FRA:SIE)‘s stock had its “sell” rating reiterated by Barclays in a research note issued to investors on Wednesday.

Several other analysts have also issued reports on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Siemens in a research note on Thursday, August 23rd. Citigroup set a €137.00 ($159.30) target price on shares of Siemens and gave the stock a “buy” rating in a research note on Thursday, September 27th. UBS Group set a €138.00 ($160.47) target price on shares of Siemens and gave the stock a “buy” rating in a research note on Friday, August 10th. HSBC set a €123.00 ($143.02) target price on shares of Siemens and gave the stock a “neutral” rating in a research note on Tuesday, October 2nd. Finally, Deutsche Bank set a €115.00 ($133.72) target price on shares of Siemens and gave the stock a “neutral” rating in a research note on Wednesday, October 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €131.50 ($152.91).

FRA SIE opened at €103.12 ($119.91) on Wednesday. Siemens has a 1 year low of €101.40 ($117.91) and a 1 year high of €133.39 ($155.10).

About Siemens

Siemens Aktiengesellschaft operates as a technology company worldwide. The company's 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 oil and gas production and transportation.

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