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[BUSINESS] · Germany, Switzerland · 2 sources

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UBS maintains 'Buy' rating for Siemens AG

UBS has maintained its 'Buy' rating for Siemens AG, setting a price target of 330 euros. Analyst Andre Kukhnin anticipates robust order growth within the company's core business segments, specifically citing Digital Industries, Smart Infrastructure, and Mobility.

Kukhnin projects organic revenue growth of approximately 9 percent ahead of the upcoming quarterly report. Following the analysis, Siemens shares saw a rise of 2.2 percent in XETRA trading.

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Andre Kukhnin · Siemens AG · UBS