Schneider Electric (OTCMKTS:SBGSY) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Schneider Electric (OTCMKTS:SBGSY) from a hold rating to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

Other analysts have also issued research reports about the stock. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a research report on Monday, June 1st. Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Erste Group Bank upgraded Schneider Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Schneider Electric in a report on Monday, June 29th. Four analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, Schneider Electric has a consensus rating of “Buy”.

Schneider Electric Stock Down 0.6%

SBGSY stock opened at $68.88 on Wednesday. The company’s 50-day moving average price is $63.19 and its two-hundred day moving average price is $61.14. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.90. Schneider Electric has a 12 month low of $48.68 and a 12 month high of $69.87.

Schneider Electric Company Profile

Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.