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

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have received a consensus rating of “Buy” from the ten research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of analysts have recently weighed in on SBGSY shares. Citigroup restated a “buy” rating on shares of Schneider Electric in a research note on Wednesday, October 1st. Morgan Stanley raised shares of Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 27th. Kepler Capital Markets upgraded shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 30th. Zacks Research upgraded Schneider Electric from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Finally, JPMorgan Chase & Co. upgraded Schneider Electric from a “neutral” rating to an “overweight” rating in a research note on Thursday.

Schneider Electric Stock Performance

SBGSY opened at $55.25 on Tuesday. The business has a 50 day moving average price of $55.75 and a 200 day moving average price of $53.21. Schneider Electric has a twelve month low of $39.77 and a twelve month high of $60.29.

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.