Siemens Healthineers (OTCMKTS:SMMNY) Trading 0.5% Higher – Here’s Why

Shares of Siemens Healthineers AG (OTCMKTS:SMMNYGet Free Report) shot up 0.5% on Monday . The stock traded as high as $24.35 and last traded at $24.18. 150,790 shares traded hands during trading, an increase of 41% from the average session volume of 107,053 shares. The stock had previously closed at $24.05.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Siemens Healthineers in a research note on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Strong Buy”.

View Our Latest Analysis on SMMNY

Siemens Healthineers Trading Up 0.5%

The company’s 50-day moving average price is $26.94 and its 200-day moving average price is $27.09.

About Siemens Healthineers

(Get Free Report)

Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.

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