SIEGY - Siemens: A Standout Amidst Macro-Economic Headwinds

• Siemens AG is a leading engineering and manufacturing company based in Germany.
• Siemens serves customers in almost every industry and operates its business through four main segments: mobility, healthcare, digital industries and smart infrastructure.
• Personally, I like the company’s strong competitive positioning and attractive growth outlook.
• Moreover, Siemens has a track-record of posting strong financials - even in challenging environments such as the Covid-19 health crisis.
• My calculation finds that SIEGY is undervalued, with more than 50% upside potential based on a €173.43/share target price.

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