Schneider Electric SE (SBGSY) Stock Rating Lowered by Zacks Investment Research
Schneider Electric SE (OTCMKTS:SBGSY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “
Separately, Goldman Sachs Group Inc. raised Schneider Electric SE from a “neutral” rating to a “buy” rating in a report on Thursday, October 6th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Schneider Electric SE presently has a consensus rating of “Hold” and an average target price of $16.00.
Schneider Electric SE (OTCMKTS:SBGSY) opened at 13.915 on Wednesday. Schneider Electric SE has a 52-week low of $9.85 and a 52-week high of $14.26. The firm’s 50-day moving average is $0.00 and its 200-day moving average is $0.00.
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