Siemens: Oddo BHF nudges up target price

(CercleFinance.com) - An analyst at Oddo BHF today announced that he is inching up his 12-month target price for the Siemens share from 112 euros to 114 euros.


The broker maintains its neutral rating on the Siemens stock as its overall outlook is little different from its previous scenario. While it expects a gradual improvement in performance from 2020 onwards, the targets of the “Vision 2020+” plan still seem a bit distant and often feature fairly wide target ranges, it says.



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