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Jefferies Sticks to Their Buy Rating for Siemens (0P6M)

Tipranks - Tipranks - Fri Feb 13, 4:34AM CST

In a report released today, Rizk Maidi from Jefferies maintained a Buy rating on Siemens, with a price target of €277.00.

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Maidi covers the Industrials sector, focusing on stocks such as Siemens, GEA Group AG, and Sandvik AB. According to TipRanks, Maidi has an average return of 10.7% and a 71.64% success rate on recommended stocks.

In addition to Jefferies, Siemens also received a Buy from Goldman Sachs’s Daniela Costa in a report issued today. However, on the same day, RBC Capital maintained a Hold rating on Siemens (LSE: 0P6M).

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The company has a one-year high of €266.25 and a one-year low of €162.38. Currently, Siemens has an average volume of 1.11M.

Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0P6M in relation to earlier this year.

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