Schneider Electric (EPA:SU) Given a €88.00 Price Target at Jefferies Financial Group
Jefferies Financial Group set a €88.00 ($98.88) price target on Schneider Electric (EPA:SU) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other analysts have also issued reports on the company. UBS Group set a €106.00 ($119.10) target price on Schneider Electric and gave the company a buy rating in a report on Monday, July 13th. Goldman Sachs Group set a €70.00 ($78.65) target price on Schneider Electric and gave the company a sell rating in a report on Monday, July 6th. JPMorgan Chase & Co. restated a buy rating on shares of Schneider Electric in a report on Thursday, July 9th. Morgan Stanley set a €105.00 ($117.98) price objective on Schneider Electric and gave the stock a buy rating in a report on Tuesday, April 7th. Finally, Deutsche Bank set a €95.00 ($106.74) price objective on Schneider Electric and gave the stock a neutral rating in a report on Wednesday, June 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. Schneider Electric has a consensus rating of Buy and a consensus price target of €97.92 ($110.03).
SU opened at €98.24 ($110.38) on Wednesday. The stock has a fifty day moving average of €97.84 and a 200-day moving average of €89.21. Schneider Electric has a 12-month low of €64.88 ($72.90) and a 12-month high of €76.34 ($85.78).
Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. 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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