Schneider Electric (EPA:SU) received a €78.00 ($96.30) price objective from stock analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 8.12% from the company’s previous close.
SU has been the subject of a number of other reports. Bank of America set a €84.00 ($103.70) price objective on shares of Schneider Electric and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Goldman Sachs Group set a €87.00 ($107.41) price objective on shares of Schneider Electric and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Barclays set a €72.00 ($88.89) price objective on shares of Schneider Electric and gave the stock a “neutral” rating in a research note on Tuesday, December 5th. Royal Bank of Canada set a €80.00 ($98.77) target price on shares of Schneider Electric and gave the company a “buy” rating in a research note on Friday, October 27th. Finally, UBS Group set a €70.00 ($86.42) target price on shares of Schneider Electric and gave the company a “neutral” rating in a research note on Tuesday, December 12th. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €77.50 ($95.68).
Shares of Schneider Electric (EPA SU) opened at €72.14 ($89.06) on Thursday. The stock has a market cap of $43,040.00 and a price-to-earnings ratio of 20.55. Schneider Electric has a 52 week low of €63.36 ($78.22) and a 52 week high of €76.34 ($94.25).
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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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