Are Siemens shares a good buy?
Siemens AG currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. Valuation metrics show that Siemens AG may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of SIEGY, demonstrate its potential to perform inline with the market. It currently has a Growth Score of D.
Which is better, ABB or Siemens?
ABB India Ltd. Siemens Ltd. Why Have ABB Shares Fallen? A large portion of the correction can be tied to operational uncertainty surrounding ABB India. Although large projects remain in the pipeline, sluggish decision-making by customers has delayed the conversion of actual orders.
Who is Siemens’ biggest competitor?
Which company is the largest competitor of Siemens in terms of revenue? The largest competitor of Siemens in terms of revenue is General Electric (GE), which reported revenues of approximately $74. General Electric’s brand is ranked #336 in the list of Global Top 1000 Brands, as rated by customers of General Electric. Their current market cap is $115. B. Siemens’s brand is ranked #499 in the list of Global Top 1000 Brands, as rated by customers of Siemens.
Why is Siemens stock falling?
One of the main reasons in decline of siemens share is selling pressure from foreign institutional investors. Fiis are selling indian industrial stocks like siemens due to global markets pressures and high interest rates. This has caused the downward movement in the stock price. April 7 witnessed a global market sell-off triggered by escalating trade war tensions. Amidst the chaos, siemens limited stood out as one of the most discussed stocks on dalal street. While benchmark indices showed signs of panic, siemens caught the attention of investors due to a major corporate development— demerger.