Schneider Electric SE (OTCMKTS:SBGSY) Receives Consensus Rating of “Buy” from Analysts

Schneider Electric SE (OTCMKTS:SBGSY) has been given a consensus rating of “Buy” by the ten analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company.

SBGSY has been the subject of a number of analyst reports. JPMorgan Chase & Co. raised shares of Schneider Electric from a “neutral” rating to an “overweight” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Schneider Electric in a research note on Monday, February 9th. Citigroup reiterated a “buy” rating on shares of Schneider Electric in a research report on Monday, December 15th. Finally, Evercore initiated coverage on Schneider Electric in a research report on Monday, December 15th. They issued an “outperform” rating on the stock.

Schneider Electric Price Performance

Shares of SBGSY opened at $57.24 on Thursday. The firm has a fifty day moving average of $58.63 and a 200-day moving average of $56.36. Schneider Electric has a 1 year low of $39.77 and a 1 year high of $65.67.

About Schneider Electric

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.