Citigroup Inc. Reaffirms “Sell” Rating for Schneider Electric SE (SU)
Schneider Electric SE (EPA:SU)‘s stock had its “sell” rating reaffirmed by research analysts at Citigroup Inc. in a research report issued on Wednesday.
Several other research firms have also issued reports on SU. BNP Paribas set a €63.00 ($70.00) target price on shares of Schneider Electric SE and gave the stock a “neutral” rating in a research note on Friday, July 29th. Berenberg Bank set a €68.00 ($75.56) target price on shares of Schneider Electric SE and gave the stock a “buy” rating in a research note on Friday, July 29th. Morgan Stanley set a €65.00 ($72.22) target price on shares of Schneider Electric SE and gave the stock a “buy” rating in a research note on Friday, July 29th. Barclays PLC set a €47.00 ($52.22) price target on shares of Schneider Electric SE and gave the stock a “sell” rating in a report on Friday, July 29th. Finally, S&P Global Inc. set a €62.00 ($68.89) price target on shares of Schneider Electric SE and gave the stock a “neutral” rating in a report on Thursday, July 28th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. Schneider Electric SE presently has a consensus rating of “Hold” and a consensus target price of €62.71 ($69.67).
Shares of Schneider Electric SE (EPA:SU) traded down 0.44% on Wednesday, reaching €61.73. 595,477 shares of the company traded hands. The firm has a 50-day moving average price of €61.45 and a 200 day moving average price of €57.42. The company has a market capitalization of €34.68 billion and a PE ratio of 23.37. Schneider Electric SE has a one year low of €45.31 and a one year high of €63.59.
About Schneider Electric SE
Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Company has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose customers are hotels, hospitals, office and retail buildings; Data centres and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.
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