Schneider Electric SE (SU) Given a €70.00 Price Target at Bank of America Corporation

Bank of America Corporation set a €70.00 ($73.68) target price on Schneider Electric SE (EPA:SU) in a research note issued to investors on Tuesday. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also issued reports on SU. Morgan Stanley set a €65.00 ($68.42) price target on Schneider Electric SE and gave the company a buy rating in a research report on Wednesday, September 14th. Kepler Capital Markets set a €74.00 ($77.89) price target on Schneider Electric SE and gave the company a buy rating in a research report on Thursday, September 22nd. J P Morgan Chase & Co set a €68.00 ($71.58) price target on Schneider Electric SE and gave the company a buy rating in a research report on Friday, September 30th. Berenberg Bank set a €72.00 ($75.79) target price on Schneider Electric SE and gave the stock a buy rating in a research report on Monday, October 3rd. Finally, Goldman Sachs Group, Inc. (The) set a €75.00 ($78.95) target price on Schneider Electric SE and gave the stock a buy rating in a research report on Thursday, October 6th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €66.06 ($69.53).

Analyst Recommendations for Schneider Electric SE (EPA:SU)

Shares of Schneider Electric SE (EPA:SU) traded down 0.51% during midday trading on Tuesday, reaching €66.97. The company had a trading volume of 1,580,741 shares. The company’s 50 day moving average price is €64.29 and its 200 day moving average price is €60.67. Schneider Electric SE has a 52-week low of €45.31 and a 52-week high of €67.65. The stock has a market capitalization of €37.62 billion and a PE ratio of 25.36.

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Schneider Electric SE Company Profile

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 centres and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.

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