Schneider Electric S.E. (SU) Given a €78.00 Price Target at J P Morgan Chase & Co
A number of other brokerages also recently commented on SU. Goldman Sachs Group reiterated a buy rating on shares of Schneider Electric S.E. in a research report on Monday, August 21st. Deutsche Bank set a €76.00 ($90.48) price objective on Schneider Electric S.E. and gave the company a buy rating in a research report on Wednesday, September 6th. Berenberg Bank set a €78.00 ($92.86) price objective on Schneider Electric S.E. and gave the company a buy rating in a research report on Monday, September 25th. Societe Generale set a €85.00 ($101.19) price objective on Schneider Electric S.E. and gave the company a buy rating in a research report on Tuesday, October 3rd. Finally, UBS set a €70.00 ($83.33) price objective on Schneider Electric S.E. and gave the company a neutral rating in a research report on Tuesday, October 17th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Schneider Electric S.E. currently has an average rating of Buy and a consensus target price of €76.06 ($90.55).
Schneider Electric S.E. (EPA:SU) traded up €0.55 ($0.65) on Thursday, reaching €71.21 ($84.77). The company’s stock had a trading volume of 2,090,000 shares, compared to its average volume of 1,240,000. Schneider Electric S.E. has a 12-month low of €63.36 ($75.43) and a 12-month high of €75.94 ($90.40).
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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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