Independent Research Reiterates “€38.50” Price Target for Siemens Healthineers (SHL)

Independent Research set a €38.50 ($44.77) target price on Siemens Healthineers (ETR:SHL) in a report issued on Monday, May 6th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

SHL has been the topic of a number of other research reports. Jefferies Financial Group set a €38.00 ($44.19) price objective on shares of Siemens Healthineers and gave the stock a neutral rating in a report on Tuesday, January 29th. DZ Bank reissued a buy rating on shares of Siemens Healthineers in a report on Friday, May 3rd. Royal Bank of Canada set a €37.00 ($43.02) price objective on shares of Siemens Healthineers and gave the stock a neutral rating in a report on Tuesday, January 29th. JPMorgan Chase & Co. set a €34.00 ($39.53) price objective on shares of Siemens Healthineers and gave the stock a neutral rating in a report on Wednesday, April 24th. Finally, HSBC set a €42.00 ($48.84) price objective on shares of Siemens Healthineers and gave the stock a buy rating in a report on Wednesday, April 17th. Thirteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of €38.15 ($44.36).

Shares of ETR SHL traded down €0.57 ($0.66) during trading on Monday, reaching €34.85 ($40.52). 351,409 shares of the company traded hands. The company has a quick ratio of 0.83, a current ratio of 1.31 and a debt-to-equity ratio of 51.25. The company has a market cap of $34.78 billion and a PE ratio of 25.44. Siemens Healthineers has a 52-week low of €31.90 ($37.09) and a 52-week high of €39.95 ($46.45).

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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Analyst Recommendations for Siemens Healthineers (ETR:SHL)

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