Schneider Electric (SU) PT Set at €85.00 by Goldman Sachs Group
Schneider Electric (EPA:SU) received a €85.00 ($101.19) target price from Goldman Sachs Group in a report issued on Friday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 13.61% from the company’s previous close.
A number of other analysts have also recently issued reports on the company. Citigroup set a €75.00 ($89.29) price objective on Schneider Electric and gave the stock a “neutral” rating in a report on Thursday. Societe Generale set a €85.00 ($101.19) price objective on Schneider Electric and gave the stock a “buy” rating in a report on Tuesday, January 9th. Bank of America set a €84.00 ($100.00) price objective on Schneider Electric and gave the stock a “buy” rating in a report on Tuesday, January 9th. JPMorgan Chase & Co. set a €78.00 ($92.86) price target on Schneider Electric and gave the company a “buy” rating in a report on Thursday, January 4th. Finally, Deutsche Bank set a €78.00 ($92.86) price target on Schneider Electric and gave the company a “buy” rating in a report on Wednesday, December 13th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Schneider Electric has an average rating of “Buy” and an average price target of €77.38 ($92.11).
Shares of Schneider Electric (SU) opened at €74.82 ($89.07) on Friday. The stock has a market capitalization of $44,640.00 and a PE ratio of 21.32. Schneider Electric has a 1-year low of €63.36 ($75.43) and a 1-year high of €75.94 ($90.40).
About Schneider Electric
Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Company has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose customers are hotels, hospitals, office and retail buildings; Data canters and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.
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