Schneider Electric Unspon (NASDAQ:SBGSY) was downgraded by Zacks Investment Research from a “strong-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, Liberum Capital upgraded shares of Schneider Electric Unspon from a “hold” rating to a “buy” rating in a research report on Thursday, June 22nd.

Shares of Schneider Electric Unspon (NASDAQ SBGSY) traded up 0.75% during midday trading on Wednesday, hitting $17.38. 351,921 shares of the stock were exchanged. The firm has a market cap of $48.40 billion and a P/E ratio of 21.39. Schneider Electric Unspon has a 12-month low of $12.90 and a 12-month high of $17.48. The stock’s 50 day moving average is $16.71 and its 200 day moving average is $15.69.

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Schneider Electric Unspon Company Profile

Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Buildings, Infrastructure, Industry, and IT. The Building business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.

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