Schneider Electric SE (SBGSY) – What Are Analysts Saying About This Stock?

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have been given an average recommendation of “Moderate Buy” by the ten brokerages that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts have recently weighed in on SBGSY shares. Erste Group Bank lowered Schneider Electric from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 21st. Santander downgraded shares of Schneider Electric from an “outperform” rating to a “neutral” rating in a report on Tuesday, September 8th. Zacks Research lowered shares of Schneider Electric from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 3rd. Finally, Barclays restated an “overweight” rating on shares of Schneider Electric in a research note on Monday, October 5th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Azimuth Capital Investment Management LLC purchased a new position in Schneider Electric in the second quarter valued at about $11,623,000. Elefante Mark B grew its holdings in Schneider Electric by 10.0% during the second quarter. Elefante Mark B now owns 96,539 shares of the industrial products company’s stock valued at $6,292,000 after purchasing an additional 8,800 shares during the period. Notis McConarty Edward increased its position in Schneider Electric by 0.5% in the second quarter. Notis McConarty Edward now owns 85,119 shares of the industrial products company’s stock worth $5,548,000 after buying an additional 425 shares during the last quarter. Finally, Madison Asset Management LLC raised its stake in shares of Schneider Electric by 2.7% in the second quarter. Madison Asset Management LLC now owns 246,582 shares of the industrial products company’s stock valued at $16,072,000 after buying an additional 6,591 shares during the period. Hedge funds and other institutional investors own 0.83% of the company’s stock.

Schneider Electric Stock Up 0.7%

Shares of SBGSY opened at $55.26 on Friday. The business’s fifty day moving average is $63.00 and its 200 day moving average is $61.87. Schneider Electric has a 12-month low of $50.61 and a 12-month high of $71.98. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.56.

Schneider Electric Company Profile

Schneider Electric SE is a France-based multinational company specializing in energy management and industrial automation. Its offerings help businesses, infrastructure operators, data centers, buildings and residential customers distribute, control, monitor and optimize electricity while improving operational efficiency and sustainability.

The company provides electrical distribution equipment, circuit breakers, switchgear, power management systems, industrial automation and control technologies, building-management solutions, and data-center infrastructure.