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Sell Siemens, target Rs 1,050: Kunal Bothra


Independent analyst Kunal Bothra has a sell call on Siemens with a target price of Rs 1,050.

The current market price of Siemens is Rs 1,077.95.

Time period given by the analyst is Intra Day when Siemens price can reach defined target.

Kunal Bothra recommended keeping a stop loss at Rs 1,090.

Siemens, incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 38,387.98 Crore) operating in Engineering sector.

The company’s top management includes Mr.Cedrik Neike, Mr.Christian Rummel, Mr.Darius C Shroff, Mr.Deepak S Parekh, Mr.Joe Kaeser, Mr.Johannes Apitzsch, Mr.Keki B Dadiseth, Mr.Sunil Mathur, Mr.Yezdi H Malegam, Ms.Mariel von Schumann.

The company has SRBC & Co LLP as its auditors.

As on 31-12-2017, the company has a total of 356,120,255 shares outstanding.

Source: Economic Times