Schneider Electric SE (OTCMKTS:SBGSY) Given Average Rating of “Buy” by Analysts

Schneider Electric SE (OTCMKTS:SBGSY) has been assigned a consensus rating of “Buy” from the ten ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company.

A number of equities research analysts have recently issued reports on SBGSY shares. Morgan Stanley restated an “overweight” rating on shares of Schneider Electric in a report on Monday, June 29th. Barclays restated an “overweight” rating on shares of Schneider Electric in a research note on Monday, July 6th. Zacks Research downgraded Schneider Electric from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 3rd. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a research note on Monday, June 1st. Finally, Erste Group Bank raised shares of Schneider Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th.

Institutional Investors Weigh In On Schneider Electric

A number of hedge funds and other institutional investors have recently made changes to their positions in SBGSY. Azimuth Capital Investment Management LLC bought a new position in shares of Schneider Electric in the second quarter worth $11,623,000. Elefante Mark B lifted its position in Schneider Electric by 10.0% during the second quarter. Elefante Mark B now owns 96,539 shares of the industrial products company’s stock worth $6,292,000 after purchasing an additional 8,800 shares during the period. Madison Asset Management LLC grew its stake in Schneider Electric by 2.7% during the second quarter. Madison Asset Management LLC now owns 246,582 shares of the industrial products company’s stock worth $16,072,000 after buying an additional 6,591 shares in the last quarter. Finally, Notis McConarty Edward increased its holdings in Schneider Electric by 0.5% in the 2nd quarter. Notis McConarty Edward now owns 85,119 shares of the industrial products company’s stock valued at $5,548,000 after buying an additional 425 shares during the period. 0.83% of the stock is currently owned by institutional investors and hedge funds.

Schneider Electric Price Performance

SBGSY stock opened at $66.78 on Thursday. Schneider Electric has a one year low of $50.61 and a one year high of $71.98. The company has a fifty day moving average price of $65.49 and a two-hundred day moving average price of $62.78. The company has a quick ratio of 0.90, a current ratio of 1.19 and a debt-to-equity ratio of 0.61.

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.