Skip to main content

RBC Capital Remains a Hold on Siemens (0P6M)

Tipranks - Wed Jan 14, 8:00AM CST

RBC Capital analyst Mark Fielding maintained a Hold rating on Siemens today and set a price target of €245.00.

Claim 70% Off TipRanks Premium

Fielding covers the Industrials sector, focusing on stocks such as Schneider Electric, Siemens, and IMI plc. According to TipRanks, Fielding has an average return of 10.9% and a 67.59% success rate on recommended stocks.

In addition to RBC Capital, Siemens also received a Hold from Deutsche Bank ‘s Gael De-Bray in a report issued on January 6. However, today, J.P. Morgan maintained a Buy rating on Siemens (LSE: 0P6M).

Based on Siemens’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €21.43 billion and a net profit of €1.62 billion. In comparison, last year the company earned a revenue of €20.81 billion and had a net profit of €1.9 billion

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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.