Siemens Healthineers (ETR:SHL) has been assigned a €47.00 ($55.29) target price by Sanford C. Bernstein in a report released on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 22.40% from the stock’s current price.
Several other research analysts also recently weighed in on the company. DZ Bank restated a “buy” rating on shares of Siemens Healthineers in a research note on Thursday, September 3rd. UBS Group set a €40.00 ($47.06) target price on Siemens Healthineers and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Credit Suisse Group set a €43.00 ($50.59) target price on Siemens Healthineers and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Berenberg Bank set a €52.00 ($61.18) target price on Siemens Healthineers and gave the stock a “buy” rating in a research note on Monday, August 3rd. Finally, Kepler Capital Markets set a €46.00 ($54.12) target price on Siemens Healthineers and gave the stock a “buy” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Siemens Healthineers presently has a consensus rating of “Hold” and a consensus price target of €42.64 ($50.16).
Shares of ETR:SHL traded up €0.40 ($0.47) on Monday, reaching €38.40 ($45.18). The company had a trading volume of 3,290,841 shares. Siemens Healthineers has a 52-week low of €28.50 ($33.53) and a 52-week high of €47.27 ($55.61). The firm’s 50 day simple moving average is €39.65 and its 200-day simple moving average is €40.07. The firm has a market capitalization of $38.38 billion and a PE ratio of 25.98. The company has a current ratio of 1.31, a quick ratio of 0.79 and a debt-to-equity ratio of 56.67.
About Siemens Healthineers
Siemens Healthineers AG develops, manufactures, and distributes imaging, advanced therapies, and diagnostic products and services to healthcare providers worldwide. It operates in three operating segments: Imaging, Advanced Therapies, and Diagnostics. The Imaging segment provides diagnostic imaging and ultrasound systems and solutions.
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