Schneider Electric SE (OTCMKTS:SBGSY) Receives Consensus Recommendation of “Buy” from Analysts

Schneider Electric SE (OTCMKTS:SBGSY) has been given an average rating of “Buy” by the eleven research firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

Several research analysts have recently commented on the company. Evercore initiated coverage on Schneider Electric in a research note on Monday, December 15th. They issued an “outperform” rating on the stock. Zacks Research upgraded shares of Schneider Electric from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Citigroup reiterated a “buy” rating on shares of Schneider Electric in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. upgraded shares of Schneider Electric from a “neutral” rating to an “overweight” rating in a research report on Thursday, December 4th.

Schneider Electric Stock Down 1.1%

Shares of Schneider Electric stock opened at $62.43 on Friday. The stock’s fifty day moving average is $56.44 and its 200 day moving average is $54.83. Schneider Electric has a one year low of $39.77 and a one year high of $65.19.

Schneider Electric Company Profile

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.