J.P. Morgan Sticks to Their Buy Rating for Siemens (0P6M)
In a report released today, Phil Buller from J.P. Morgan maintained a Buy rating on Siemens, with a price target of €300.00.
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Buller covers the Industrials sector, focusing on stocks such as Schneider Electric, Siemens, and Siemens Energy. According to TipRanks, Buller has an average return of 19.6% and a 60.00% success rate on recommended stocks.
In addition to J.P. Morgan, Siemens also received a Buy from Jefferies’s Rizk Maidi in a report issued yesterday. However, on December 3, Barclays maintained a Sell rating on Siemens (LSE: 0P6M).
The company has a one-year high of €252.65 and a one-year low of €162.38. Currently, Siemens has an average volume of 937.1K.
Based on the recent corporate insider activity of 22 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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