Siemens: Berenberg raises target price
(CercleFinance.com) - Berenberg announced on Monday that it has raised its target price for Siemens shares from E215 to E245, while maintaining its buy recommendation on them.
In a research note, the analyst said he considered the scenario of further simplification of the German industrial group as both 'necessary and likely'.
The argument that Siemens is undervalued according to the sum-of-the-parts method is neither new nor contrary to market sentiment ('contrarian'), the broker points out.
Recalling that it has long considered this factor to be a fundamental part of its favourable investment theory on the stock, Berenberg considers it highly likely that management will seek to further simplify the company's business portfolio in order to create more value.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
In a research note, the analyst said he considered the scenario of further simplification of the German industrial group as both 'necessary and likely'.
The argument that Siemens is undervalued according to the sum-of-the-parts method is neither new nor contrary to market sentiment ('contrarian'), the broker points out.
Recalling that it has long considered this factor to be a fundamental part of its favourable investment theory on the stock, Berenberg considers it highly likely that management will seek to further simplify the company's business portfolio in order to create more value.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.