Schneider Electric SE (OTCMKTS:SBGSY) Receives Consensus Rating of “Buy” from Brokerages

Schneider Electric SE (OTCMKTS:SBGSY) has earned a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and three have issued a strong buy recommendation on the company.

SBGSY has been the subject of a number of recent research reports. Citigroup reissued a “buy” rating on shares of Schneider Electric in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Schneider Electric from a “hold” rating to a “buy” rating in a report on Tuesday, September 2nd. Kepler Capital Markets upgraded Schneider Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 30th. Erste Group Bank raised Schneider Electric from a “hold” rating to a “strong-buy” rating in a research report on Thursday, September 11th. Finally, Santander raised Schneider Electric to an “outperform” rating in a report on Wednesday, September 3rd.

Schneider Electric Stock Performance

Shares of SBGSY stock opened at $53.28 on Tuesday. The company’s fifty day moving average price is $55.76 and its 200-day moving average price is $53.16. Schneider Electric has a 12 month low of $39.77 and a 12 month high of $60.29.

About Schneider Electric

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.