Schneider Electric SE (OTCMKTS:SBGSY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have been assigned an average recommendation of “Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and three have given a strong buy recommendation to the company.

SBGSY has been the subject of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of Schneider Electric in a report on Wednesday, October 1st. Zacks Research raised Schneider Electric from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Morgan Stanley raised Schneider Electric from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft raised shares of Schneider Electric from a “hold” rating to a “buy” rating in a research report on Tuesday, September 2nd. Finally, Kepler Capital Markets raised shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 30th.

Schneider Electric Trading Down 0.7%

OTCMKTS:SBGSY opened at $53.28 on Tuesday. Schneider Electric has a 52 week low of $39.77 and a 52 week high of $60.29. The company has a fifty day moving average of $55.76 and a 200 day moving average of $53.16.

Schneider Electric Company Profile

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.