There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on Siemens AG (SIEGY) and Adient (ADNT) with bullish sentiments.
Siemens AG (SIEGY)
Kepler Capital analyst Juan Rodriguez maintained a Buy rating on Siemens AG on November 30 and set a price target of EUR125.00. The company’s shares closed last Wednesday at $68.25.
According to TipRanks.com, Rodriguez is ranked #1314 out of 7122 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Siemens AG with a $151.31 average price target.
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Adient (ADNT)
Barclays analyst Brian Johnson maintained a Buy rating on Adient on December 1 and set a price target of $37.00. The company’s shares closed last Wednesday at $32.73, close to its 52-week high of $32.97.
According to TipRanks.com, Johnson ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -7.1% and a 48.6% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, Otis Worldwide, and American Axle.
Currently, the analyst consensus on Adient is a Moderate Buy with an average price target of $34.25, representing a 5.1% upside. In a report issued on November 30, RBC Capital also maintained a Buy rating on the stock with a $38.00 price target.
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