Credit Suisse Group AG Reiterates €68.00 Price Target for Schneider Electric SE (SU)
Schneider Electric SE (EPA:SU) has been given a €68.00 ($71.58) price objective by equities research analysts at Credit Suisse Group AG in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also weighed in on the stock. Morgan Stanley set a €65.00 ($68.42) price objective on shares of Schneider Electric SE and gave the company a “buy” rating in a research note on Wednesday, September 14th. Citigroup Inc. reiterated a “sell” rating on shares of Schneider Electric SE in a research note on Wednesday, October 12th. Kepler Capital Markets set a €74.00 ($77.89) price objective on shares of Schneider Electric SE and gave the company a “buy” rating in a research note on Thursday, September 22nd. Goldman Sachs Group Inc. set a €56.00 ($58.95) price objective on shares of Schneider Electric SE and gave the company a “neutral” rating in a research note on Friday, August 12th. Finally, Deutsche Bank AG set a €70.00 ($73.68) price objective on shares of Schneider Electric SE and gave the company a “buy” rating in a research note on Thursday, September 1st. Four analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. Schneider Electric SE has an average rating of “Hold” and a consensus price target of €63.59 ($66.93).
Shares of Schneider Electric SE (EPA:SU) opened at 61.86 on Tuesday. The stock has a 50 day moving average of €61.87 and a 200 day moving average of €58.94. Schneider Electric SE has a 52-week low of €45.31 and a 52-week high of €64.89. The company has a market cap of €34.75 billion and a P/E ratio of 23.42.
TRADEMARK VIOLATION NOTICE: This report was originally published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are accessing this report on another site, it was illegally copied and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2016/11/29/credit-suisse-group-ag-reiterates-68-00-price-target-for-schneider-electric-se-su.html.
Schneider Electric SE Company Profile
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.
Receive News & Stock Ratings for Schneider Electric SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider Electric SE and related stocks with our FREE daily email newsletter.