Schneider Electric (OTCMKTS:SBGSY) Upgraded at Barclays

Barclays upgraded shares of Schneider Electric (OTCMKTS:SBGSY) from an equal weight rating to an overweight rating in a report issued on Monday morning, MarketBeat reports.

A number of other equities analysts also recently commented on SBGSY. Evercore started coverage on shares of Schneider Electric in a research note on Monday, December 15th. They set an “outperform” rating for the company. Citigroup reiterated a “buy” rating on shares of Schneider Electric in a research note on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Schneider Electric in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Schneider Electric Stock Performance

OTCMKTS:SBGSY opened at $62.82 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19. The company has a fifty day simple moving average of $59.09 and a two-hundred day simple moving average of $56.87. Schneider Electric has a 52 week low of $45.01 and a 52 week high of $65.67.

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.