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

Schneider Electric SE (OTCMKTS:SBGSY) has earned a consensus rating of “Buy” from the eleven analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, seven have assigned a buy recommendation and three have given a strong buy recommendation to the company.

SBGSY has been the subject of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Schneider Electric in a research note on Monday, June 29th. Barclays reissued an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Finally, Berenberg Bank raised shares of Schneider Electric to a “strong-buy” rating in a research report on Monday, June 1st.

Schneider Electric Price Performance

Shares of OTCMKTS:SBGSY opened at $61.90 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19. The stock’s fifty day simple moving average is $63.10 and its two-hundred day simple moving average is $60.22. Schneider Electric has a 1-year low of $48.68 and a 1-year high of $67.16.

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.