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J.P. Morgan Reaffirms Their Buy Rating on Siemens (0P6M)

Tipranks - Tipranks - Wed Feb 25, 12:52AM CST

J.P. Morgan analyst Phil Buller maintained a Buy rating on Siemens today and set a price target of €325.00.

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Buller covers the Industrials sector, focusing on stocks such as Siemens, Siemens Energy, and Schneider Electric. According to TipRanks, Buller has an average return of 19.3% and a 62.07% success rate on recommended stocks.

In addition to J.P. Morgan, Siemens also received a Buy from TipRanks – xAI’s xAi Industrials GB in a report issued on February 17. However, on the same day, Morgan Stanley maintained a Hold rating on Siemens (LSE: 0P6M).

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0P6M market cap is currently €191B and has a P/E ratio of 24.13.

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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