SCHNEIDER ELEC /ADR (SBGSY) Cut to “Hold” at Zacks Investment Research

SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, reports.

According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “

A number of other research analysts have also recently commented on the company. UBS Group upgraded SCHNEIDER ELEC /ADR from a “neutral” rating to a “buy” rating in a research note on Monday, March 25th. Royal Bank of Canada began coverage on SCHNEIDER ELEC /ADR in a research note on Tuesday, January 15th. They issued an “outperform” rating for the company. ValuEngine cut SCHNEIDER ELEC /ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. Finally, Bank of America reiterated a “neutral” rating on shares of SCHNEIDER ELEC /ADR in a research note on Tuesday, January 8th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold”.

Shares of SBGSY stock opened at $16.65 on Wednesday. The firm has a market capitalization of $45.72 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 2.59 and a beta of 1.10. SCHNEIDER ELEC /ADR has a fifty-two week low of $12.84 and a fifty-two week high of $18.57.


Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. The Low Voltage business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.

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