Schneider Electric S.E. (OTCMKTS:SBGSY) Downgraded to Hold Rating by Barclays

Schneider Electric S.E. (OTCMKTS:SBGSY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

SBGSY has been the topic of a number of other reports. The Goldman Sachs Group upgraded Schneider Electric S.E. to a “strong-buy” rating in a research note on Thursday, March 13th. Citigroup upgraded shares of Schneider Electric S.E. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 17th. Finally, Royal Bank of Canada raised shares of Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a report on Wednesday, March 19th. Two research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Schneider Electric S.E. presently has a consensus rating of “Buy”.

Schneider Electric S.E. Stock Performance

Shares of SBGSY opened at $49.05 on Monday. The company has a quick ratio of 0.91, a current ratio of 1.21 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average is $47.36 and its two-hundred day moving average is $49.72. Schneider Electric S.E. has a twelve month low of $39.77 and a twelve month high of $56.98.

Schneider Electric S.E. Company Profile

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.