Siemens "buy"

27.02.06 - Dresdner Kleinwort Wasser.

LONDON, February 27 (newratings.com) - Analysts at Dresdner Kleinwort Wasserstein maintain their "buy" rating on Siemens (SIE-EUR). The target price is set to ?82.

In a research note published this morning, the analysts mention that Siemens' CFO has indicated that the impressive order growth witnessed by the company in Q1 exhibits its robust end-markets and market share gains. Siemens intends to make additional acquisitions in the Automation and Drives segments going forward.