Schneider Electric (SU) PT Set at €66.00 by UBS Group
UBS Group set a €66.00 ($76.74) price target on Schneider Electric (EPA:SU) in a report issued on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently weighed in on SU. JPMorgan Chase & Co. reaffirmed a buy rating on shares of Schneider Electric in a research note on Thursday, August 23rd. Societe Generale set a €88.00 ($102.33) target price on Schneider Electric and gave the stock a buy rating in a research note on Friday, July 27th. Goldman Sachs Group set a €84.00 ($97.67) target price on Schneider Electric and gave the stock a neutral rating in a research note on Thursday, July 26th. BNP Paribas set a €80.00 ($93.02) target price on Schneider Electric and gave the stock a buy rating in a research note on Wednesday, July 11th. Finally, Deutsche Bank set a €82.00 ($95.35) target price on Schneider Electric and gave the stock a buy rating in a research note on Monday, July 30th. Seven analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of €79.25 ($92.15).
Shares of EPA:SU opened at €72.30 ($84.07) on Thursday. Schneider Electric has a 12-month low of €64.88 ($75.44) and a 12-month high of €76.34 ($88.77).
Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Industrial Automation, and Secure Power. The Low Voltage business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.
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