Schneider Electric (SU) Given a €78.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €78.00 ($92.86) price target on Schneider Electric (EPA:SU) in a research report report published on Thursday. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. Goldman Sachs Group set a €87.00 ($103.57) target price on Schneider Electric and gave the company a buy rating in a report on Monday, October 16th. Deutsche Bank set a €78.00 ($92.86) target price on Schneider Electric and gave the company a buy rating in a report on Tuesday, October 10th. Societe Generale set a €85.00 ($101.19) target price on Schneider Electric and gave the company a buy rating in a report on Tuesday, October 3rd. Berenberg Bank set a €78.00 ($92.86) target price on Schneider Electric and gave the company a buy rating in a report on Monday, September 25th. Finally, Royal Bank of Canada set a €80.00 ($95.24) target price on Schneider Electric and gave the company a buy rating in a report on Friday, October 27th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of €76.06 ($90.55).

Schneider Electric (EPA:SU) traded up €1.00 ($1.19) during trading on Thursday, reaching €73.24 ($87.19). The company’s stock had a trading volume of 1,130,000 shares, compared to its average volume of 1,190,000. Schneider Electric has a 12 month low of €63.36 ($75.43) and a 12 month high of €75.94 ($90.40). The firm has a market capitalization of $43,700.00 and a P/E ratio of 20.87.

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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.

Analyst Recommendations for Schneider Electric (EPA:SU)

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