Citi reinstates Siemens with 'buy', sees AI-led tailwinds

Siemens Healthineers AG

25/04/2025 10:51

** Citi reinstates Germany's Siemens AG SIEGn.DE with "buy", saying AI-led automation should put the technology conglomerate into a leading position, given its enlarged software portfolio

** Citi says that with its enlarged software portfolio, Siemens will be able to advance the adoption of AI to the industrial sector

** The broker says it sees the breadth of the software offering, domain expertise, and installed base of edge devices as consolidating a competitive advantage for Siemens

** "We think Siemens should fully exit Healthineers," the broker says, adding that Siemens's 73% stake in Siemens Healthineers SHLG.DE creates no clear synergies

** Shares of Siemens AG are up 1.7%

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))