Schneider Electric (EPA:SU) has been given a €85.00 ($101.19) price objective by stock analysts at Goldman Sachs Group in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 13.61% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. Deutsche Bank set a €78.00 ($92.86) target price on Schneider Electric and gave the stock a “buy” rating in a research report on Tuesday, October 10th. JPMorgan Chase & Co. set a €76.00 ($90.48) target price on Schneider Electric and gave the stock a “buy” rating in a research report on Tuesday, October 3rd. Societe Generale set a €85.00 ($101.19) target price on Schneider Electric and gave the stock a “buy” rating in a research report on Tuesday, October 3rd. Berenberg Bank set a €78.00 ($92.86) target price on Schneider Electric and gave the stock a “buy” rating in a research report on Monday, September 25th. Finally, Royal Bank of Canada set a €80.00 ($95.24) target price on Schneider Electric and gave the stock a “buy” rating in a research report on Friday, October 27th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Schneider Electric presently has a consensus rating of “Buy” and an average price target of €77.38 ($92.11).
Schneider Electric (SU) traded up €1.16 ($1.38) during trading hours on Friday, hitting €74.82 ($89.07). The company had a trading volume of 1,170,000 shares, compared to its average volume of 1,200,000. The stock has a market capitalization of $44,640.00 and a P/E ratio of 21.32. Schneider Electric has a 12 month low of €63.36 ($75.43) and a 12 month high of €75.94 ($90.40).
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Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Company has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose customers are hotels, hospitals, office and retail buildings; Data canters and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.
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