Deutsche Bank set a €86.00 ($100.00) price target on Schneider Electric (EPA:SU) in a research report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also recently issued reports on SU. UBS Group set a €85.00 ($98.84) price objective on Schneider Electric and gave the stock a buy rating in a report on Monday, September 23rd. JPMorgan Chase & Co. set a €88.00 ($102.33) price target on shares of Schneider Electric and gave the company a buy rating in a research report on Wednesday, October 2nd. Credit Suisse Group set a €88.00 ($102.33) price target on shares of Schneider Electric and gave the company a buy rating in a research report on Monday, July 29th. Royal Bank of Canada set a €91.00 ($105.81) price target on shares of Schneider Electric and gave the company a buy rating in a research report on Friday, August 2nd. Finally, Goldman Sachs Group set a €65.00 ($75.58) price target on shares of Schneider Electric and gave the company a sell rating in a research report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €78.00 ($90.70).
Shares of EPA:SU opened at €77.14 ($89.70) on Monday. Schneider Electric has a 12-month low of €64.88 ($75.44) and a 12-month high of €76.34 ($88.77). The stock’s 50 day moving average price is €76.89.
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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