UBS downgrades Siemens Healthineers citing China market challenges By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2024
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Source: Investing.com
UBS Downgrade: Siemens Healthineers AG has been downgraded by UBS from a "buy" to a "neutral" rating due to concerns over its medium-term growth prospects, particularly in the Chinese market where competition from local firms is increasing.
Financial Forecast Revision: UBS has revised its financial forecasts for Siemens Healthineers, expecting group revenues to decline by 1% to 3% from 2025 to 2028, and has lowered its price target to €51, reflecting the anticipated impact of competitive pressures and a reduced growth outlook.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
