J.P. Morgan Remains a Buy on 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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According to TipRanks, Buller is a 5-star analyst with an average return of 19.6% and a 61.93% success rate. Buller covers the Industrials sector, focusing on stocks such as Schneider Electric, Siemens, and ABB Ltd.
In addition to J.P. Morgan, Siemens also received a Buy from Bernstein’s Alasdair Leslie in a report issued on January 6. However, on the same day, Kepler Capital maintained a Hold rating on Siemens (LSE: 0P6M).
0P6M market cap is currently €198.3B and has a P/E ratio of 20.75.
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.
Read More on GB:0P6M:
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