Schneider Electric SE (OTCMKTS:SBGSY) Given Average Rating of “Buy” by Brokerages

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have been assigned a consensus rating of “Buy” from the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the company.

SBGSY has been the subject of several recent analyst reports. Barclays restated an “overweight” rating on shares of Schneider Electric in a research note on Monday, July 6th. Berenberg Bank raised shares of Schneider Electric to a “strong-buy” rating in a report on Monday, June 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Schneider Electric in a report on Monday, June 29th.

Schneider Electric Price Performance

OTCMKTS:SBGSY opened at $60.06 on Wednesday. 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 price is $62.85 and its 200 day moving average price is $60.30. Schneider Electric has a 1-year low of $48.68 and a 1-year high of $67.16.

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.