Siemens (FRA:SIE) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Other equities analysts have also issued research reports about the company. UBS Group lowered Telstra from a “buy” rating to a “neutral” rating in a research note on Monday, July 1st. Citigroup raised Copa from a “neutral” rating to a “buy” rating in a research note on Thursday, May 9th. Deutsche Bank reissued a “hold” rating and issued a GBX 350 ($4.57) target price on shares of in a research note on Friday, July 5th. Jefferies Financial Group started coverage on ADMA Biologics in a research note on Tuesday, June 4th. They issued a “buy” rating and a $8.00 target price on the stock. Finally, Morgan Stanley set a €125.00 ($145.35) price target on Siemens and gave the stock a “buy” rating in a report on Tuesday, June 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €123.05 ($143.08).
FRA:SIE traded down €1.09 ($1.27) during mid-day trading on Tuesday, hitting €99.69 ($115.92). The company had a trading volume of 2,662,371 shares. Siemens has a fifty-two week low of €101.40 ($117.91) and a fifty-two week high of €133.39 ($155.10). The company has a fifty day moving average price of €104.20.
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.
Further Reading: Capital Gains
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