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Jefferies Remains a Buy on Siemens (0P6M)

Tipranks - Tipranks - Tue Jan 27, 5:36AM CST

Jefferies analyst Rizk Maidi maintained a Buy rating on Siemens today and set a price target of €277.00.

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Maidi covers the Industrials sector, focusing on stocks such as Siemens, ABB Ltd, and Schneider Electric. According to TipRanks, Maidi has an average return of 9.5% and a 67.19% success rate on recommended stocks.

In addition to Jefferies, Siemens also received a Buy from Bernstein’s Alasdair Leslie in a report issued on January 22. However, on January 14, Barclays maintained a Sell rating on Siemens (LSE: 0P6M).

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The company has a one-year high of €263.15 and a one-year low of €162.38. Currently, Siemens has an average volume of 1.02M.

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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