Schneider Electric (EPA:SU) Given a €85.00 Price Target at Royal Bank of Canada

Schneider Electric (EPA:SU) received a €85.00 ($98.84) price target from equities researchers at Royal Bank of Canada in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 14.19% from the stock’s previous close.

SU has been the subject of a number of other reports. JPMorgan Chase & Co. set a €75.00 ($87.21) price target on shares of Schneider Electric and gave the stock a “buy” rating in a research note on Thursday, April 18th. Credit Suisse Group set a €78.00 ($90.70) price target on shares of Schneider Electric and gave the stock a “buy” rating in a research note on Wednesday, February 20th. Jefferies Financial Group set a €70.00 ($81.40) price objective on shares of Schneider Electric and gave the company a “neutral” rating in a report on Friday, February 15th. Deutsche Bank set a €84.00 ($97.67) price objective on shares of Schneider Electric and gave the company a “buy” rating in a report on Tuesday, May 21st. Finally, Oddo Bhf set a €74.00 ($86.05) price objective on shares of Schneider Electric and gave the company a “neutral” rating in a report on Friday, April 5th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. Schneider Electric currently has an average rating of “Hold” and an average target price of €75.94 ($88.30).

SU stock opened at €74.44 ($86.56) on Tuesday. Schneider Electric has a 12 month low of €64.88 ($75.44) and a 12 month high of €76.34 ($88.77).

About Schneider Electric

Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. The Low Voltage 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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