UBS AG has reaffirmed its "Buy" rating for Siemens shares ahead of the fourth quarter reporting season, according to analyst Andre Kukhnin.
The latest estimates for the European capital goods sector show no significant changes compared to previous assessments. The analysis indicates that Volvo and Epiroc are expected to have the highest potential organic sales growth, while Siemens and Gea may not meet expectations.
During the XETRA session, Siemens shares experienced a slight decline of 0.1 percent, trading at EUR 195.30. A total of 359,303 shares were traded. Since the beginning of 2025, Siemens' share price has increased by 3.6 percent.