Deutsche Bank reaffirmed their hold rating on shares of SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) in a research report sent to investors on Thursday morning, The Fly reports.
A number of other equities analysts also recently issued reports on SBGSY. UBS Group reaffirmed a buy rating on shares of SCHNEIDER ELEC /ADR in a report on Tuesday, July 14th. Morgan Stanley downgraded SCHNEIDER ELEC /ADR from an overweight rating to an equal weight rating in a report on Thursday. ValuEngine raised SCHNEIDER ELEC /ADR from a sell rating to a hold rating in a report on Thursday, April 2nd. Zacks Investment Research downgraded SCHNEIDER ELEC /ADR from a hold rating to a sell rating in a report on Friday, July 3rd. Finally, JPMorgan Chase & Co. reaffirmed an overweight rating on shares of SCHNEIDER ELEC /ADR in a report on Tuesday, June 30th. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $25.00.
SBGSY stock opened at $22.97 on Thursday. The company’s 50 day moving average price is $22.09 and its 200 day moving average price is $19.72. SCHNEIDER ELEC /ADR has a fifty-two week low of $13.49 and a fifty-two week high of $24.28. The firm has a market capitalization of $66.53 billion, a price-to-earnings ratio of 19.47 and a beta of 1.02.
About SCHNEIDER ELEC /ADR
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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