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J.P. Morgan Sticks to Their Buy Rating for Siemens Energy (SMEGF)

Tipranks - Tipranks - Tue Mar 31, 5:20PM CDT

J.P. Morgan analyst Phil Buller maintained a Buy rating on Siemens Energy today and set a price target of €200.00.

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According to TipRanks, Buller is a 5-star analyst with an average return of 17.4% and a 57.08% success rate. Buller covers the Industrials sector, focusing on stocks such as Siemens, Schneider Electric, and Siemens Energy.

In addition to J.P. Morgan, Siemens Energy also received a Buy from Jefferies’s Lucas Ferhani in a report issued today. However, on March 26, TipRanks – xAI reiterated a Hold rating on Siemens Energy (Other OTC: SMEGF).

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SMEGF market cap is currently €123B and has a P/E ratio of 38.10.

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMEGF in relation to earlier this year.

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