Schneider Electric SE (OTCMKTS:SBGSY) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have received an average recommendation of “Buy” from the ten brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company.

A number of equities analysts have recently commented on SBGSY shares. Barclays raised shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a research note on Monday, February 9th.

Schneider Electric Price Performance

OTCMKTS:SBGSY opened at $62.22 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.61. Schneider Electric has a 1 year low of $47.81 and a 1 year high of $67.00. The firm’s fifty day simple moving average is $60.30 and its 200 day simple moving average is $57.93.

About Schneider Electric

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.