Schneider Electric SE (EPA:SU) has received a consensus recommendation of “Buy” from the sixteen ratings firms that are presently covering the stock, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is €76.06 ($90.55).
A number of analysts have recently issued reports on SU shares. Berenberg Bank set a €78.00 ($92.86) price target on Schneider Electric and gave the company a “buy” rating in a research report on Monday, September 25th. JPMorgan Chase & Co. set a €78.00 ($92.86) price objective on Schneider Electric and gave the company a “buy” rating in a report on Thursday. Goldman Sachs Group set a €87.00 ($103.57) price objective on Schneider Electric and gave the company a “buy” rating in a report on Tuesday, September 26th. Societe Generale set a €85.00 ($101.19) price objective on Schneider Electric and gave the company a “buy” rating in a report on Tuesday, October 3rd. Finally, UBS Group set a €70.00 ($83.33) price objective on Schneider Electric and gave the company a “neutral” rating in a report on Tuesday, October 17th.
Schneider Electric (SU) traded up €1.00 ($1.19) during trading on Tuesday, hitting €73.24 ($87.19). The company’s stock had a trading volume of 1,130,000 shares, compared to its average volume of 1,190,000. Schneider Electric has a 52-week low of €63.36 ($75.43) and a 52-week high of €75.94 ($90.40). The company has a market cap of $43,700.00 and a PE ratio of 20.87.
About Schneider Electric
Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Schneider Electric Company has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose customers are hotels, hospitals, office and retail buildings; Data canters and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.