Schneider Electric SA (EPA: SU)‘s stock had its “buy” rating reaffirmed by research analysts at Societe Generale in a report released on Tuesday. They currently have a $75.32 (€58) target price on the stock.

Schneider Electric SA traded down 3.12% on Tuesday, hitting €48.06. Schneider Electric SA has a 1-year low of €35.00 and a 1-year high of €53.47. The company has a market cap of €25.923 billion and a price-to-earnings ratio of 14.18.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital reiterated an “equalweight” rating on shares of Schneider Electric SA in a research note to investors on Friday. They now have a $67.11 price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Schneider Electric SA in a research note to investors on Thursday, October 18th. They now have a $79.08 price target on the stock. Finally, analysts at JPMorgan Chase reiterated an “overweight” rating on shares of Schneider Electric SA in a research note to investors on Monday, October 8th. They now have a $77.92 price target on the stock.

Schneider Electric SA is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management.

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