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

Schneider Electric SE (OTCMKTS:SBGSY) has been given a consensus recommendation of “Buy” by the eleven analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and three have issued a strong buy recommendation on the company.

A number of research firms have issued reports on SBGSY. Barclays raised Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, April 13th. Berenberg Bank raised Schneider Electric to a “strong-buy” rating in a research report on Monday, June 1st.

Schneider Electric Price Performance

Shares of Schneider Electric stock opened at $63.31 on Friday. The business has a 50-day moving average of $63.52 and a 200 day moving average of $59.51. Schneider Electric has a 12 month low of $48.68 and a 12 month high of $67.16. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19.

About Schneider Electric

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.