SCHNEIDER ELEC /ADR’s (SBGSY) “Overweight” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their overweight rating on shares of SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) in a report issued on Thursday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley cut SCHNEIDER ELEC /ADR from an overweight rating to an equal weight rating in a report on Thursday. Deutsche Bank restated a hold rating on shares of SCHNEIDER ELEC /ADR in a report on Thursday. Zacks Investment Research cut SCHNEIDER ELEC /ADR from a hold rating to a sell rating in a report on Friday, July 3rd. UBS Group restated a buy rating on shares of SCHNEIDER ELEC /ADR in a report on Tuesday, July 14th. Finally, Citigroup restated a neutral rating on shares of SCHNEIDER ELEC /ADR in a report on Thursday. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $25.00.

SCHNEIDER ELEC /ADR stock opened at $22.97 on Thursday. SCHNEIDER ELEC /ADR has a 52 week low of $13.49 and a 52 week high of $24.28. The stock has a market capitalization of $66.53 billion, a P/E ratio of 19.47 and a beta of 1.02. The stock has a 50-day simple moving average of $22.09 and a 200 day simple moving average of $19.72.

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.

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

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