SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) Downgraded to “Sell” at Zacks Investment Research

SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday, reports.

According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “

Separately, ValuEngine raised SCHNEIDER ELEC /ADR from a “strong sell” rating to a “sell” rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. SCHNEIDER ELEC /ADR presently has a consensus rating of “Hold” and an average target price of $20.00.

OTCMKTS:SBGSY traded up $0.02 during mid-day trading on Wednesday, hitting $19.18. The company had a trading volume of 239,987 shares, compared to its average volume of 459,003. The business has a fifty day simple moving average of $18.87 and a 200-day simple moving average of $17.41. The firm has a market capitalization of $55.70 billion, a price-to-earnings ratio of 17.60 and a beta of 1.17. SCHNEIDER ELEC /ADR has a 1 year low of $12.84 and a 1 year high of $19.47.


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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