Royal Bank of Canada Reiterates “€150.00” Price Target for Schneider Electric S.E. (EPA:SU)

Schneider Electric S.E. (EPA:SUGet Rating) received a €150.00 ($161.29) price target from research analysts at Royal Bank of Canada in a research note issued on Wednesday, Borsen Zeitung reports. Royal Bank of Canada’s price objective indicates a potential upside of 16.24% from the company’s current price.

Several other research analysts also recently issued reports on the stock. The Goldman Sachs Group set a €132.00 ($141.94) price objective on shares of Schneider Electric S.E. in a research report on Tuesday, May 24th. UBS Group set a €165.00 ($177.42) price objective on shares of Schneider Electric S.E. in a research note on Tuesday, April 5th. Barclays set a €175.00 ($188.17) price objective on shares of Schneider Electric S.E. in a research note on Friday, May 13th. Deutsche Bank Aktiengesellschaft set a €160.00 ($172.04) target price on shares of Schneider Electric S.E. in a research report on Friday, February 18th. Finally, Sanford C. Bernstein set a €145.00 ($155.91) target price on shares of Schneider Electric S.E. in a research report on Tuesday, May 24th.

Shares of SU traded down €2.54 ($2.73) during midday trading on Wednesday, reaching €129.04 ($138.75). The stock had a trading volume of 1,771,988 shares, compared to its average volume of 1,610,000. The company’s fifty day simple moving average is €137.30 and its two-hundred day simple moving average is €149.03. Schneider Electric S.E. has a 1-year low of €64.88 ($69.76) and a 1-year high of €76.34 ($82.09).

Schneider Electric S.E. Company Profile (Get Rating)

Schneider Electric S.E. provides energy and automation digital solutions worldwide. It operates through two segments, Energy Management and Industrial Automation. The company offers busway and cable support products, circuit breakers and switches, contactors and protection relays, electrical protection and control products, energy management software solutions, transfer switches, surge protection and power conditioning products, power monitoring and control products, power quality and power factor correction products, pushbuttons, switches, pilot lights and joysticks, software products, and switchboards and enclosures.

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