Siemens Healthineers AG (SEMHF) was Downgraded to a Hold Rating at Norddeutsche Landesbank

Siemens Healthineers AG (SEMHFResearch Report) received a Hold rating and a EUR60.00 price target from Norddeutsche Landesbank analyst Holger Fechner today. The company’s shares closed last Friday at $70.25, close to its 52-week high of $72.00.

Fechner has an average return of 20.6% when recommending Siemens Healthineers AG.

According to TipRanks.com, Fechner is ranked #2461 out of 7641 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Siemens Healthineers AG with a $67.44 average price target.

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Siemens Healthineers AG’s market cap is currently $79.18B and has a P/E ratio of 36.60. The company has a Price to Book ratio of -6.71.

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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.