HSBC set a €100.00 ($116.28) price objective on Schneider Electric (EPA:SU) in a report issued on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts also recently issued reports about the company. UBS Group set a €86.00 ($100.00) price objective on Schneider Electric and gave the stock a buy rating in a research note on Thursday, October 24th. Goldman Sachs Group set a €66.00 ($76.74) target price on Schneider Electric and gave the stock a sell rating in a research report on Thursday, October 31st. Deutsche Bank set a €86.00 ($100.00) target price on Schneider Electric and gave the company a buy rating in a research note on Friday, October 25th. Bank of America set a €83.00 ($96.51) price target on shares of Schneider Electric and gave the company a neutral rating in a report on Thursday, October 10th. Finally, Royal Bank of Canada set a €91.00 ($105.81) price target on shares of Schneider Electric and gave the stock a buy rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of €82.00 ($95.35).
Shares of EPA SU opened at €90.58 ($105.33) on Thursday. Schneider Electric has a 12-month low of €64.88 ($75.44) and a 12-month high of €76.34 ($88.77). The stock’s 50 day simple moving average is €86.02 and its 200 day simple moving average is €78.68.
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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