JPMorgan Chase & Co. Reiterates Buy Rating for Siemens (FRA:SIE)

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JPMorgan Chase & Co. reaffirmed their buy rating on shares of Siemens (FRA:SIE) in a research report released on Tuesday morning, Borsen Zeitung reports.

Other equities research analysts have also issued reports about the company. Citigroup raised Copa from a neutral rating to a buy rating in a research note on Thursday, May 9th. Morgan Stanley set a €125.00 ($145.35) target price on Siemens and gave the stock a buy rating in a research report on Tuesday, June 25th. Jefferies Financial Group started coverage on ADMA Biologics in a research report on Tuesday, June 4th. They issued a buy rating and a $8.00 target price for the company. Independent Research set a €32.00 ($37.21) target price on Bilfinger and gave the stock a neutral rating in a research report on Thursday, May 9th. Finally, Credit Suisse Group decreased their target price on FOX from $51.00 to $45.00 and set an outperform rating for the company in a research report on Monday, June 3rd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Siemens has a consensus rating of Buy and an average price target of €123.05 ($143.08).

SIE opened at €99.62 ($115.84) on Tuesday. The stock’s fifty day moving average is €104.07. Siemens has a fifty-two week low of €101.40 ($117.91) and a fifty-two week 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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