Schneider Electric (OTCMKTS:SBGSY) Stock Rating Upgraded by Berenberg Bank

Schneider Electric (OTCMKTS:SBGSY) was upgraded by Berenberg Bank to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Barclays upgraded shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a research note on Monday, April 13th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Schneider Electric Trading Down 1.6%

Schneider Electric stock opened at $65.71 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.90. Schneider Electric has a 12 month low of $47.81 and a 12 month high of $67.15. The stock has a fifty day simple moving average of $61.33 and a two-hundred day simple moving average of $58.39.

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.