Schneider Electric (OTCMKTS:SBGSY) Upgraded to “Strong-Buy” at Berenberg Bank

Berenberg Bank upgraded shares of Schneider Electric (OTCMKTS:SBGSY) to a strong-buy rating in a research report sent to investors on Monday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on SBGSY. Barclays upgraded Schneider Electric from an “equal weight” rating to an “overweight” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Schneider Electric in a report on Monday, February 9th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Schneider Electric has an average rating of “Buy”.

Schneider Electric Stock Down 1.6%

SBGSY opened at $65.71 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. Schneider Electric has a 1-year low of $47.81 and a 1-year high of $67.15. The business has a 50 day moving average price of $61.33 and a two-hundred day moving average price of $58.39.

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.