In a report released today, James Vane from Jefferies downgraded Siemens Healthineers AG (SEMHF – Research Report) to a Hold, with a price target of EUR50.00. The company’s shares closed last Monday at $52.80.
According to TipRanks, Vane is an analyst with an average return of -2.6% and a 46.81% success rate.
Currently, the analyst consensus on Siemens Healthineers AG is a Strong Buy with an average price target of $58.66.
The company has a one-year high of $77.35 and a one-year low of $38.66. Currently, Siemens Healthineers AG has an average volume of 1,018.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SEMHF in relation to earlier this year.
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Siemens Healthineers AG operates as a holding company. The company intends to operate the digital services business. It operates through the following business segments: Imaging, Diagnotics, and Advanced Therapies. The Imaging segment offers diagnostic imaging products and a broad portfolio of advanced imaging and ultrasound systems and solutions. The Diagnostics segment offers products, services and solutions, including a broad array of testing applications, in the areas of laboratory, point of care and molecular diagnostics. The Advanced Therapies is a supplier of advanced therapy products, services and solutions to the therapy departments of healthcare providers. Siemens Healthineers was founded on December 1, 2017 and is headquartered in Erlangen, Germany.