Schneider Electric SE (OTCMKTS:SBGSY) Receives Average Rating of “Buy” from Analysts

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have been given a consensus recommendation of “Buy” by the eleven analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have assigned a strong buy rating to the company.

A number of brokerages have issued reports on SBGSY. Kepler Capital Markets raised Schneider Electric from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 30th. Citigroup restated a “buy” rating on shares of Schneider Electric in a research report on Monday, December 15th. Erste Group Bank upgraded shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 11th. Evercore ISI started coverage on shares of Schneider Electric in a report on Monday, December 15th. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. upgraded Schneider Electric from a “neutral” rating to an “overweight” rating in a report on Thursday, December 4th.

Schneider Electric Stock Up 1.0%

OTCMKTS:SBGSY opened at $55.51 on Friday. Schneider Electric has a one year low of $39.77 and a one year high of $60.29. The stock has a 50 day moving average price of $54.85 and a 200 day moving average price of $53.91.

Schneider Electric Company Profile

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.