SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) Stock Rating Reaffirmed by Citigroup

Citigroup reissued their neutral rating on shares of SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) in a report released on Thursday morning, The Fly reports.

Several other analysts have also recently weighed in on SBGSY. Morgan Stanley cut shares of SCHNEIDER ELEC /ADR from an overweight rating to an equal weight rating in a research report on Thursday. ValuEngine upgraded shares of SCHNEIDER ELEC /ADR from a sell rating to a hold rating in a research report on Thursday, April 2nd. UBS Group restated a buy rating on shares of SCHNEIDER ELEC /ADR in a research report on Tuesday, July 14th. Zacks Investment Research cut shares of SCHNEIDER ELEC /ADR from a hold rating to a sell rating in a research report on Friday, July 3rd. Finally, JPMorgan Chase & Co. restated an overweight rating on shares of SCHNEIDER ELEC /ADR in a research report on Tuesday, June 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $25.00.

SCHNEIDER ELEC /ADR stock opened at $22.97 on Thursday. The firm’s fifty day moving average price is $22.09 and its 200-day moving average price is $19.72. The stock has a market cap of $66.53 billion, a P/E ratio of 19.47 and a beta of 1.02. SCHNEIDER ELEC /ADR has a fifty-two week low of $13.49 and a fifty-two week high of $24.28.

SCHNEIDER ELEC /ADR Company Profile

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.

See Also: Equal Weight Rating

The Fly

Analyst Recommendations for SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY)

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