Schneider Electric SA Stock Rating Reaffirmed by AlphaValue (SU)

Schneider Electric SA (EPA: SU)‘s stock had its “add” rating restated by stock analysts at AlphaValue in a report issued on Thursday, AnalystRatingsNetwork reports. They currently have a €69.70 ($90.52) price objective on the stock.

Shares of Schneider Electric SA (EPA: SU) traded down 1.31% during mid-day trading on Thursday, hitting €57.80. Schneider Electric SA has a 52 week low of €39.395 and a 52 week high of €63.00. The stock’s 50-day moving average is currently €49.20. The company has a market cap of €31.607 billion and a P/E ratio of 17.43.

A number of other analysts have also recently weighed in on SU. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Schneider Electric SA in a research note to investors on Thursday, May 23rd. They now have a €55.00 ($71.43) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Schneider Electric SA in a research note to investors on Tuesday, May 21st. They now have a €65.00 ($84.42) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Schneider Electric SA in a research note to investors on Tuesday, April 23rd. They now have a €64.00 ($83.12) price target on the stock.

Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Schneider Electric SA currently has an average rating of “Buy” and an average price target of €59.30 ($77.02).

Schneider Electric SA is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management.

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