Morgan Stanley set a €83.00 ($96.51) price target on Schneider Electric (EPA:SU) in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also issued reports on SU. UBS Group set a €86.00 ($100.00) price target on Schneider Electric and gave the stock a buy rating in a research note on Thursday, October 24th. Bank of America set a €83.00 ($96.51) price objective on Schneider Electric and gave the company a neutral rating in a research report on Thursday, October 10th. HSBC set a €100.00 ($116.28) price objective on Schneider Electric and gave the company a buy rating in a report on Thursday. JPMorgan Chase & Co. restated a buy rating and issued a target price on shares of Schneider Electric in a research report on Tuesday, October 22nd. Finally, Royal Bank of Canada set a €91.00 ($105.81) target price on Schneider Electric and gave the stock a buy rating in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €82.00 ($95.35).
SU opened at €90.58 ($105.33) on Thursday. The business’s fifty day simple moving average is €86.02 and its 200 day simple moving average is €78.68. Schneider Electric has a 52 week low of €64.88 ($75.44) and a 52 week 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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