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

Schneider Electric SE (OTCMKTS:SBGSY) has received a consensus recommendation of “Buy” from the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities analysts have recently weighed in on SBGSY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Schneider Electric in a research report on Monday, February 9th. Evercore began coverage on shares of Schneider Electric in a research note on Monday, December 15th. They set an “outperform” rating for the company. Finally, Citigroup reiterated a “buy” rating on shares of Schneider Electric in a research report on Monday, December 15th.

Schneider Electric Stock Performance

Shares of SBGSY stock opened at $54.44 on Monday. Schneider Electric has a 1 year low of $39.77 and a 1 year high of $65.67. The stock’s 50 day simple moving average is $58.71 and its two-hundred day simple moving average is $56.59.

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.