Buy Siemens; target of Rs 3630: ICICI Direct

ICICI Direct is bullish on Siemens recommended buy rating on the stock with a target price of Rs 3630 in its research report dated December 13, 2022.

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December 14, 2022 / 04:06 PM IST
 
 
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ICICI Direct's research report on Siemens


Siemens Ltd (Siemens) is a leader in technology solutions for smart, intelligent, building technologies, mobility, digital industries and power T&D. It operates mainly in five key segments including energy/gas & power (34%), smart infrastructure (33%), digital industries (22%), mobility (7%) • Well placed to gain from the overall energy market transformation from electrification to automation and digitization.



Outlook


We remain long term positive and retain our BUY rating on the stock. We value Siemens at Rs 3630 on an SoTP basis.


For all recommendations report, click here


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Siemens - 14 -12-2022 - icici

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Tags: #Buy #ICICI Direct #Recommendations #Siemens
first published: Dec 14, 2022 04:06 pm