Schneider Electric SE (OTCMKTS:SBGSY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have earned a consensus rating of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and three have issued a strong buy rating on the company.

Several research firms recently commented on SBGSY. Erste Group Bank raised Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 11th. Zacks Research lowered shares of Schneider Electric from a “hold” rating to a “strong sell” rating in a report on Thursday. Citigroup reissued a “buy” rating on shares of Schneider Electric in a report on Wednesday, October 1st. Kepler Capital Markets raised shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 30th. Finally, Santander raised shares of Schneider Electric to an “outperform” rating in a research note on Wednesday, September 3rd.

Schneider Electric Stock Down 1.6%

Shares of SBGSY opened at $57.71 on Monday. The business’s 50-day moving average is $53.67 and its two-hundred day moving average is $51.25. Schneider Electric has a fifty-two week low of $39.77 and a fifty-two week high of $59.38.

About Schneider Electric

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.