Schneider Electric (OTCMKTS:SBGSY) Upgraded by Barclays to “Overweight” Rating

Barclays upgraded shares of Schneider Electric (OTCMKTS:SBGSY) from an equal weight rating to an overweight rating in a research note issued to investors on Monday morning, Marketbeat reports.

Other equities research analysts have also issued reports about the stock. Citigroup restated a “buy” rating on shares of Schneider Electric in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Finally, Evercore initiated coverage on shares of Schneider Electric in a report on Monday, December 15th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Schneider Electric Price Performance

SBGSY opened at $61.61 on Monday. Schneider Electric has a twelve month low of $45.00 and a twelve month high of $65.67. The company has a current ratio of 1.19, a quick ratio of 0.90 and a debt-to-equity ratio of 0.61. The firm’s fifty day moving average is $58.92 and its two-hundred day moving average is $56.77.

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.