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

Schneider Electric SE (OTCMKTS:SBGSY) has received a consensus recommendation of “Buy” from the eleven ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and three have issued a strong buy recommendation on the company.

Several research firms have commented on SBGSY. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Barclays upgraded shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a report on Monday, April 13th.

Schneider Electric Stock Performance

OTCMKTS SBGSY opened at $66.93 on Friday. 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 52 week low of $47.81 and a 52 week high of $67.15. The firm has a 50 day moving average of $63.30 and a two-hundred day moving average of $59.25.

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.