Schneider Electric (OTCMKTS:SBGSY) Raised to Strong-Buy at Berenberg Bank

Schneider Electric (OTCMKTS:SBGSY) was upgraded by stock analysts at Berenberg Bank to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. Barclays raised Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Schneider Electric in a research report on Monday, February 9th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

Schneider Electric Stock Performance

Schneider Electric stock opened at $65.71 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.19 and a quick ratio of 0.90. The stock has a fifty day moving average of $61.33 and a two-hundred day moving average of $58.39. Schneider Electric has a fifty-two week low of $47.81 and a fifty-two week high of $67.15.

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.