Siemens "buy"

23.11.07 - Dresdner Kleinwort Wasser.

LONDON, November 23 (newratings.com) - Analysts at Dresdner Kleinwort maintain their "buy" rating on Siemens AG (SIE). The target price is set to ?125.

In a research note published this morning, the analysts mention that the heads of the company?s A&D, Power Generation and Healthcare segments are likely to be appointed as Sector CEOs. The Sector CEOs would then appoint the 15 divisional CEOs, the analysts say. The company is likely to subsequently set new margin targets for the energy and industry sectors, Dresdner Kleinwort adds.