{"id":286908,"date":"2019-08-09T06:14:29","date_gmt":"2019-08-09T06:14:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286908"},"modified":"2019-08-09T06:17:42","modified_gmt":"2019-08-09T06:17:42","slug":"siemens-jumps-after-profit-beat-analyst-upgrade","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-jumps-after-profit-beat-analyst-upgrade\/","title":{"rendered":"Siemens jumps after profit beat, analyst upgrade"},"content":{"rendered":"<p>Shares of industrial conglomerate, Siemens, rose as much as 8.2 per cent to Rs 1,192.1, the best day for the share in nearly 3-1\/2 years.<\/p>\n<p>The company&#8217;s June-quarter profit beat estimates. It has named Daniel Spindler as CFO, replacing Christian Rummel.<\/p>\n<p>Prabhudas Lilladher (PL) has upgraded the stock to \u201cbuy\u201d from \u201caccumulate\u201d on attractive valuations.<\/p>\n<p>Expect the company to benefit from its strong focus on digitalisation\/ automation opportunity, due to very low penetration and industry&#8217;s drive to improve efficiency, Prabhudar Lilladher said.<\/p>\n<p>Now, 10 of 18 analysts rate the stock \u201cbuy\u201d or higher;median PT is Rs 1,165, according to Refinitiv Eikon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of industrial conglomerate, Siemens, rose as much as 8.2 per cent to Rs 1,192.1, the best day for the share in nearly 3-1\/2 years. The company&#8217;s June-quarter profit beat estimates. It has named Daniel Spindler as CFO, replacing Christian Rummel. Prabhudas Lilladher (PL) has upgraded the stock to \u201cbuy\u201d from \u201caccumulate\u201d on attractive valuations. Expect the company to benefit from its strong focus on digitalisation\/ automation opportunity, due to very low penetration and industry&#8217;s drive to improve efficiency, Prabhudar Lilladher said. Now, 10 of 18 analysts rate the stock \u201cbuy\u201d or higher;median PT is Rs 1,165, according to Refinitiv [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-286908","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286908"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286908\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}