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

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have earned an average recommendation of “Buy” from the eleven analysts that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating on the company.

Several research analysts have recently issued reports on SBGSY shares. Evercore started coverage on Schneider Electric in a research report on Monday, December 15th. They issued an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Schneider Electric in a research report on Monday, February 9th. Zacks Research raised shares of Schneider Electric from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Morgan Stanley raised shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 27th. Finally, Citigroup reissued a “buy” rating on shares of Schneider Electric in a research note on Monday, December 15th.

Schneider Electric Price Performance

Shares of Schneider Electric stock opened at $62.43 on Friday. Schneider Electric has a 12-month low of $39.77 and a 12-month high of $65.19. The company’s fifty day simple moving average is $56.44 and its two-hundred day simple moving average is $54.83.

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.