Zacks Research Upgrades Schneider Electric (OTCMKTS:SBGSY) to “Strong-Buy”

Schneider Electric (OTCMKTS:SBGSY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

SBGSY has been the subject of a number of other reports. Barclays cut Schneider Electric from a “strong-buy” rating to a “hold” rating in a report on Monday, May 12th. Kepler Capital Markets cut Schneider Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, July 25th. Three analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Schneider Electric Price Performance

Shares of OTCMKTS:SBGSY opened at $50.1950 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.95 and a current ratio of 1.23. The business has a fifty day moving average of $52.23 and a two-hundred day moving average of $49.88. Schneider Electric has a 52-week low of $39.7730 and a 52-week high of $56.98.

About Schneider Electric

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.