Credit Suisse Group Analysts Give Schneider Electric (EPA:SU) a €111.00 Price Target
Credit Suisse Group set a €111.00 ($130.59) target price on Schneider Electric (EPA:SU) in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages also recently issued reports on SU. Kepler Capital Markets set a €115.00 ($135.29) target price on shares of Schneider Electric and gave the company a neutral rating in a research note on Thursday, July 30th. Berenberg Bank set a €120.00 ($141.18) price target on shares of Schneider Electric and gave the company a buy rating in a report on Thursday, August 20th. Deutsche Bank set a €97.00 ($114.12) price target on shares of Schneider Electric and gave the company a neutral rating in a report on Tuesday, September 1st. Jefferies Financial Group set a €88.00 ($103.53) price target on shares of Schneider Electric and gave the company a neutral rating in a report on Tuesday, August 25th. Finally, Royal Bank of Canada set a €95.00 ($111.76) price target on shares of Schneider Electric and gave the company a buy rating in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of €101.64 ($119.58).
EPA:SU opened at €107.20 ($126.12) on Monday. The business’s 50-day moving average is €103.59 and its two-hundred day moving average is €91.53. Schneider Electric has a 12 month low of €64.88 ($76.33) and a 12 month high of €76.34 ($89.81).
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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