Among the performers this week was the stock of Siemens Healthineers. The stock was up more than 3 percent this week.
In XETRA trading on Friday, the stock gained 0.7 percent to EUR 57.34. This makes the stock one of the more successful in the DAX, which currently stands at 15,587 points. The Siemens Healthineers share price rose to a daily high of EUR57.36. At the opening of the stock exchange, the share was trading at EUR 57.26.
Siemens Healthineers is the separately managed healthcare business of Siemens AG and has been listed on the stock exchange since 2018. Core areas include imaging for diagnostics and therapy, laboratory diagnostics as well as digital health services and hospital management. The company offers X-ray, computed tomography (CT) and magnetic resonance imaging equipment as well as blood and urine tests. The company’s medical systems and clinical information technology are used by hospitals as well as research laboratories and are applied in a variety of subspecialties such as cardiology, oncology and neurology. In August 2020, the Siemens subsidiary announced plans to acquire US cancer specialist Varian Medical Systems Inc for a price tag of around $16.4 billion.
The average analyst price target for Siemens Healthineers shares is EUR54.80. In terms of 2023 earnings, analysts anticipate that Siemens Healthineers will post EPS of EUR2.44 on its books.
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