November 30, 2016 - By Clifton Ray
The broker have set price target of EUR 105.00 on Siemens (ETR:SIE) shares. This is -0.90% from the last stock price. In a report sent to clients and investors on Wednesday morning, BNP PARIBAS reconfirmed their “Neutral” rating on shares of SIE.
Out of 24 analysts covering Siemens (ETR:SIE), 14 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 58% are positive. €125 is the highest target while €84 is the lowest. The €107.62 average target is 0.91% above today’s (€106.65) stock price. Siemens has been the topic of 128 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was upgraded on Friday, August 26 by Goldman Sachs. JP Morgan maintained Siemens AG (ETR:SIE) rating on Thursday, January 28. JP Morgan has “Neutral” rating and €100 price target. The stock of Siemens AG (ETR:SIE) earned “Buy” rating by DZ-Bank AG on Tuesday, June 21. HSBC upgraded the shares of SIE in a report on Wednesday, December 2 to “Buy” rating. The stock of Siemens AG (ETR:SIE) earned “Buy” rating by Kepler Cheuvreux on Friday, July 1. The firm has “Buy” rating by Jefferies given on Friday, April 15. DZ-Bank AG upgraded the shares of SIE in a report on Thursday, October 8 to “Buy” rating. JP Morgan maintained Siemens AG (ETR:SIE) rating on Saturday, May 28. JP Morgan has “Neutral” rating and €98 price target. The rating was upgraded by Landesbank on Saturday, November 12 to “Buy”. The firm earned “Hold” rating on Saturday, September 26 by Independent Research.
About 468,635 shares traded hands. Siemens AG (ETR:SIE) has declined 88.28% since May 3, 2016 and is downtrending. It has underperformed by 93.50% the S&P500.
Siemens AG is a Germany-based indus
More recent Siemens AG (ETR:SIE) news were published by: Bloomberg.com which released: “Siemens Plans to Spin Off Health Unit as CEO Sharpens Focus” on November 10, 2016. Also Reuters.com published the news titled: “BRIEF-Siemens AG & US startup LO3 Energy collaborate on blockchain micro…” on November 21, 2016. Bloomberg.com‘s news article titled: “Siemens CEO Says Saudi Sales to Hit $5 Billion by 2020” with publication date: November 15, 2016 was also an interesting one.
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By Clifton Ray