Berenberg Bank set a €50.00 ($58.14) price target on Siemens Healthineers (ETR:SHL) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also recently issued research reports about the stock. Deutsche Bank set a €40.00 ($46.51) price target on shares of Siemens Healthineers and gave the stock a neutral rating in a report on Tuesday. JPMorgan Chase & Co. set a €36.80 ($42.79) price target on shares of Siemens Healthineers and gave the stock a sell rating in a report on Monday. Morgan Stanley set a €39.00 ($45.35) price target on shares of Siemens Healthineers and gave the stock a sell rating in a report on Friday, December 6th. HSBC set a €42.00 ($48.84) price target on shares of Siemens Healthineers and gave the stock a neutral rating in a report on Monday, November 18th. Finally, UBS Group reiterated a neutral rating on shares of Siemens Healthineers in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. Siemens Healthineers has a consensus rating of Hold and an average target price of €40.58 ($47.19).
ETR SHL traded up €0.42 ($0.49) on Thursday, hitting €43.07 ($50.08). 377,461 shares of the stock were exchanged. The company has a quick ratio of 1.00, a current ratio of 1.39 and a debt-to-equity ratio of 46.32. Siemens Healthineers has a fifty-two week low of €33.05 ($38.42) and a fifty-two week high of €44.80 ($52.09). The company has a market cap of $43.04 billion and a PE ratio of 27.47. The company has a 50-day moving average price of €42.88 and a 200-day moving average price of €38.80.
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.
Further Reading: Why are gap-down stocks important?
Receive News & Ratings for Siemens Healthineers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Siemens Healthineers and related companies with MarketBeat.com's FREE daily email newsletter.