Accueil > Actualité
Actualite financiere : Actualite bourse

Siemens Energy: Credit Suisse raises target price

(CercleFinance.com) - Credit Suisse maintains its outperform rating on the Siemens Energy share and has raises its corresponding target price to 36 euros, from 27 euros previously.


The broker announces that profitability in Q1 2021 is "reassuring" and is counting on the announced redundancies (7,800) to generate 400 to 500 million euros in savings and to target a margin of 6% to 8% in 2023.

Finally, the broker believes that Siemens Energy should take advantage of the structural dynamics of the hydrogen electrolysers market, a business that could enable the company to generate related sales of 120-to-740 million euros by 2025.


Copyright (c) 2021 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.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.