Alexander Wahl, an analyst from Stifel Nicolaus, maintained the Buy rating on Siemens (0P6M – Research Report). The associated price target is €244.00.
Alexander Wahl’s rating is based on several key factors that highlight Siemens’ strong performance and potential for growth. The Digital Industries (DI) segment is expected to outperform market expectations, with EBITA projected to be approximately 3% above the current consensus. This is driven by better-than-anticipated volume and margins, as well as a positive trend in hardware automation orders, which are projected to increase significantly year-over-year.
Additionally, the Smart Infrastructure (SI) segment is anticipated to show solid revenue growth, with a comparable increase of 9.3% year-over-year. Although SI orders are expected to be slightly below consensus due to high comparisons and normalizing demand, the segment’s profitability is bolstered by a gain from the sale of the Wiring Accessories business. Furthermore, Siemens Financial Services (SFS) is projected to report a substantial gain, contributing to an overall higher income before tax estimate. These factors collectively support the Buy rating, reflecting confidence in Siemens’ ability to deliver strong financial results and capitalize on growth opportunities.
In another report released yesterday, Jefferies also maintained a Buy rating on the stock with a €261.00 price target.
0P6M’s price has also changed moderately for the past six months – from EUR177.197 to EUR227.575, which is a 28.43% increase.