Jefferies cuts Siemens to 'hold' on limited upside, sees FY27 Digital Industries risks
16/10/2026 12:24
BUZZ-Jefferies cuts Siemens to 'hold' on limited upside, sees FY27 Digital Industries risks ** Jefferies cuts Siemens SIEGn.DE to "hold" from "buy", arguing the company's strong FY27 outlook is increasingly priced in after recent share outperformance
** The brokerage says robust order intake has improved backlog visibility and supports future growth
** It, however, sees risks to Digital Industries orders in FY27, citing subdued European manufacturing activity and weak Chinese industrial demand despite the recent recovery in automation orders
** Out of 29 analysts, 20 rate the stock "strong buy" or "buy", 7 "hold" and 2 "strong sell" or "sell" — LSEG data
(Reporting by Anastasiia Kozlova)
Recent news on Siemens AG
See all newsEurope's STOXX 600 pulls back from record high as investors weigh earnings, oil prices
Siemens CEO says cooperation with Nvidia will no be affected by leadership uncertainty
Live Markets: Before the bell: Europe pushes toward new record
Siemens up on 'highly unusual' guidance hike, Q4 beat
Siemens expects to happen Healthineers spin-off by early 2027, CFO says