Morgan Stanley set a €83.00 ($96.51) price target on Schneider Electric (EPA:SU) in a report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also commented on the company. Goldman Sachs Group set a €66.00 ($76.74) target price on Schneider Electric and gave the company a sell rating in a report on Thursday, October 31st. Royal Bank of Canada set a €91.00 ($105.81) price objective on shares of Schneider Electric and gave the company a buy rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. restated a buy rating and issued a target price on shares of Schneider Electric in a report on Tuesday, October 22nd. UBS Group set a €86.00 ($100.00) price objective on Schneider Electric and gave the company a buy rating in a research note on Thursday, October 24th. Finally, HSBC set a €100.00 ($116.28) target price on Schneider Electric and gave the company a buy rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €82.00 ($95.35).
Shares of EPA SU traded up €1.88 ($2.19) during trading on Thursday, reaching €90.58 ($105.33). The company had a trading volume of 1,314,509 shares, compared to its average volume of 1,610,000. The company’s fifty day moving average price is €85.85 and its 200-day moving average price is €78.58. Schneider Electric has a 12 month low of €64.88 ($75.44) and a 12 month high of €76.34 ($88.77).
About Schneider Electric
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.
Further Reading: What does a bar chart display?
Receive News & Ratings for Schneider Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider Electric and related companies with MarketBeat.com's FREE daily email newsletter.