Schneider Electric (EPA:SU) has been assigned a €84.00 ($97.67) price objective by equities researchers at Goldman Sachs Group in a research report issued on Thursday, July 26th. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 16.18% from the company’s current price.
Several other research analysts also recently weighed in on SU. Deutsche Bank set a €84.00 ($97.67) price target on Schneider Electric and gave the stock a “buy” rating in a research note on Friday, June 29th. JPMorgan Chase & Co. set a €83.00 ($96.51) target price on Schneider Electric and gave the stock a “buy” rating in a research note on Thursday, July 26th. Berenberg Bank set a €81.00 ($94.19) target price on Schneider Electric and gave the stock a “buy” rating in a research note on Tuesday, April 24th. UBS Group set a €80.00 ($93.02) target price on Schneider Electric and gave the stock a “neutral” rating in a research note on Wednesday, May 23rd. Finally, Kepler Capital Markets set a €82.00 ($95.35) target price on Schneider Electric and gave the stock a “buy” rating in a research note on Wednesday, July 18th. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Schneider Electric presently has a consensus rating of “Buy” and an average price target of €80.31 ($93.39).
Shares of Schneider Electric traded up €0.78 ($0.91), hitting €72.30 ($84.07), during trading hours on Thursday, Marketbeat Ratings reports. 3,100,000 shares of the company’s stock traded hands, compared to its average volume of 1,610,000. Schneider Electric has a 12-month low of €64.88 ($75.44) and a 12-month high of €76.34 ($88.77).
Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Industrial Automation, and Secure Power. 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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