Schneider Electric (OTCMKTS:SBGSY) Upgraded at Erste Group Bank

Erste Group Bank upgraded shares of Schneider Electric (OTCMKTS:SBGSY) from a hold rating to a strong-buy rating in a report published on Thursday,Zacks.com reports.

A number of other equities research analysts have also weighed in on the stock. Kepler Capital Markets lowered shares of Schneider Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, July 25th. Santander upgraded shares of Schneider Electric to an “outperform” rating in a report on Wednesday, September 3rd. Zacks Research upgraded shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 19th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Schneider Electric from a “hold” rating to a “buy” rating in a report on Tuesday, September 2nd. Four research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Schneider Electric presently has a consensus rating of “Buy”.

Schneider Electric Stock Performance

Shares of SBGSY stock opened at $54.40 on Thursday. Schneider Electric has a 52 week low of $39.77 and a 52 week high of $56.98. The firm has a 50 day moving average of $52.12 and a two-hundred day moving average of $49.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.23 and a quick ratio of 0.95.

About Schneider Electric

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.