Siemens Healthineers (OTCMKTS:SMMNY) Upgraded by Sanford C. Bernstein to Strong-Buy Rating

Sanford C. Bernstein upgraded shares of Siemens Healthineers (OTCMKTS:SMMNY) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft lowered shares of Siemens Healthineers from a “buy” rating to a “hold” rating in a research note on Thursday, December 4th. Royal Bank Of Canada started coverage on Siemens Healthineers in a research report on Wednesday, December 17th. They issued a “moderate buy” rating on the stock. Finally, Zacks Research raised Siemens Healthineers from a “strong sell” rating to a “hold” rating in a research note on Monday. Four analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Siemens Healthineers currently has an average rating of “Buy”.

Siemens Healthineers Price Performance

Shares of OTCMKTS SMMNY opened at $27.33 on Tuesday. The firm has a fifty day moving average of $25.58 and a 200 day moving average of $26.86. Siemens Healthineers has a one year low of $23.28 and a one year high of $30.19.

Siemens Healthineers Company Profile

Siemens Healthineers AG is a leading global medical technology company that develops, manufactures and distributes a broad range of products and services for the healthcare sector. Headquartered in Erlangen, Germany, the company focuses on diagnostic and therapeutic imaging, in vitro diagnostics and advanced digital health solutions. As a spin-off from Siemens AG, Siemens Healthineers has leveraged decades of engineering expertise to establish a comprehensive portfolio that addresses critical needs in modern healthcare.

The company’s core offerings include magnetic resonance imaging (MRI), computed tomography (CT), X-ray and molecular imaging systems, as well as laboratory diagnostics equipment and point-of-care testing devices.