FY2017 EPS Estimates for Schneider Electric SE (OTC:SBGSY) Raised by Jefferies Group

Schneider Electric SE (OTC:SBGSY) – Analysts at Jefferies Group lifted their FY2017 earnings per share estimates for Schneider Electric SE in a research report issued to clients and investors on Tuesday. Jefferies Group analyst P. Reilly now forecasts that the company will post earnings of $0.90 per share for the year, up from their prior estimate of $0.84. Jefferies Group also issued estimates for Schneider Electric SE’s FY2019 earnings at $1.04 EPS.

A number of other brokerages have also recently weighed in on SBGSY. Liberum Capital raised Schneider Electric SE from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd. ValuEngine cut Schneider Electric SE from a “buy” rating to a “hold” rating in a research note on Tuesday.

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Schneider Electric SE (SBGSY) opened at 16.00 on Thursday. The firm has a 50-day moving average of $15.51 and a 200-day moving average of $14.92. Schneider Electric SE has a 12-month low of $12.76 and a 12-month high of $16.25. The stock has a market capitalization of $44.56 billion, a price-to-earnings ratio of 20.35 and a beta of 1.19.

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