SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) Expected to Post Q2 2019 Earnings of $0.51 Per Share

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SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) – Stock analysts at Jefferies Financial Group issued their Q2 2019 earnings estimates for shares of SCHNEIDER ELEC /ADR in a research report issued to clients and investors on Tuesday, July 9th. Jefferies Financial Group analyst P. Reilly forecasts that the industrial products company will earn $0.51 per share for the quarter.

A number of other brokerages have also issued reports on SBGSY. UBS Group set a €135.00 ($156.98) price target on Deutsche Boerse and gave the stock a “buy” rating in a research note on Monday, March 25th. Zacks Investment Research raised SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Friday, July 5th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. SCHNEIDER ELEC /ADR currently has a consensus rating of “Buy” and an average price target of $20.00.

Shares of SBGSY opened at $17.30 on Friday. SCHNEIDER ELEC /ADR has a 12 month low of $12.84 and a 12 month high of $18.41. The firm has a 50 day simple moving average of $17.04. The firm has a market capitalization of $47.26 billion, a price-to-earnings ratio of 15.87 and a beta of 1.20.

SCHNEIDER ELEC /ADR Company Profile

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.

Further Reading: How is the Producer Price Index calculated?

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