Deutsche Bank AG took a close look at Siemens Energy shares, and here are the detailed results.
Deutsche Bank Research has raised the price target for Siemens Energy from 57 to 58 euros and left the rating at “Buy”. Analyst Gael de-Bray expects a strong first quarter report on February 12, according to his outlook available on Wednesday. The premium valuation of direct competitor GE Vernova supported Deutsche’s shares during the turnaround plan for its subsidiary Gamesa.
Stock check: A detailed look at the performance of Siemens Energy shares at the time of the analysis
The shareholders sent Siemens Energy’s paper up. In XETRA trading, the share gained 2.7 percent to EUR 52.46 at 11:36 a.m. The share therefore still shows upward potential: 10.56 percent based on the specified price target. During trading to date, 869,822 Siemens Energy shares have been offered for purchase or sale via XETRA. The share certificate has increased by 337.2 percent since the beginning of 2024. Siemens Energy is expected to present its profit and sales figures for Q1 2025 on February 12, 2025.
FRANKFURT (dpa-AFX Analyzer) / editorial team finanzen.net
Publication of the original study: Date not specified in study / Time not specified in study / CET
First distribution of the original study: December 18, 2024 / 08:00 / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 Para. 1 WpHG, Art. 20 Regulation (EU) 596/2014 for the analyst firm mentioned can be found at http://web.dpa-afx.de/offenstellenpflicht/ disclosure_duty.html.
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