Schneider Electric SE (OTCMKTS:SBGSY) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Schneider Electric SE (OTCMKTS:SBGSY) have been given a consensus recommendation of “Buy” by the ten research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company.

Several research analysts have recently issued reports on SBGSY shares. Citigroup reiterated a “buy” rating on shares of Schneider Electric in a report on Monday, December 15th. Evercore began coverage on shares of Schneider Electric in a report on Monday, December 15th. They issued an “outperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Schneider Electric in a research note on Monday, February 9th.

Schneider Electric Trading Up 8.4%

Schneider Electric stock opened at $59.75 on Monday. The firm has a 50 day simple moving average of $58.75 and a 200-day simple moving average of $56.62. Schneider Electric has a 12-month low of $41.08 and a 12-month 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.