Schneider Electric SE (OTCMKTS:SBGSY) Given Consensus Recommendation of “Buy” by Analysts

Schneider Electric SE (OTCMKTS:SBGSY) has been given a consensus rating of “Buy” by the eleven brokerages that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company.

A number of analysts have recently issued reports on SBGSY shares. Berenberg Bank upgraded shares of Schneider Electric to a “strong-buy” rating in a research note on Monday, June 1st. Barclays reaffirmed an “overweight” rating on shares of Schneider Electric in a report on Monday, July 6th. Zacks Research downgraded shares of Schneider Electric from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 3rd. 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. Finally, Santander downgraded Schneider Electric from an “outperform” rating to a “neutral” rating in a report on Tuesday.

Schneider Electric Trading Down 2.4%

OTCMKTS SBGSY opened at $67.42 on Thursday. 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’s 50 day moving average price is $65.65 and its 200 day moving average price is $62.88. Schneider Electric has a one year low of $50.61 and a one year high of $71.98.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SBGSY. Notis McConarty Edward grew its position in shares of Schneider Electric by 0.5% in the 2nd quarter. Notis McConarty Edward now owns 85,119 shares of the industrial products company’s stock worth $5,548,000 after acquiring an additional 425 shares in the last quarter. Elefante Mark B grew its position in shares of Schneider Electric by 10.0% during the 2nd quarter. Elefante Mark B now owns 96,539 shares of the industrial products company’s stock valued at $6,292,000 after buying an additional 8,800 shares during the last quarter. Azimuth Capital Investment Management LLC acquired a new stake in Schneider Electric during the second quarter worth about $11,623,000. Finally, Madison Asset Management LLC grew its holdings in shares of 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 valued at $16,072,000 after purchasing an additional 6,591 shares during the last quarter. Institutional investors own 0.83% of the company’s stock.

Schneider Electric Company Profile

Schneider Electric SE is a France-based global provider of energy management and industrial automation solutions. The company helps businesses, utilities, data centers, infrastructure operators and residential customers manage electricity more safely, efficiently and sustainably.

Its products and services include low- and medium-voltage electrical distribution equipment, circuit breakers, switchgear, uninterruptible power supplies, building management systems, industrial control and automation technologies, and related consulting, maintenance and digital services.