JPMorgan Chase & Co. set a €78.00 ($90.70) price target on Schneider Electric (EPA:SU) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on the stock. UBS Group set a €97.00 ($112.79) price target on shares of Schneider Electric and gave the stock a buy rating in a report on Thursday, March 19th. Royal Bank of Canada set a €90.00 ($104.65) price objective on shares of Schneider Electric and gave the company a buy rating in a report on Thursday, March 19th. Kepler Capital Markets set a €98.00 ($113.95) target price on shares of Schneider Electric and gave the company a neutral rating in a research report on Monday, March 2nd. Barclays reiterated a buy rating on shares of Schneider Electric in a research report on Monday, March 9th. Finally, Deutsche Bank set a €84.00 ($97.67) target price on shares of Schneider Electric and gave the company a buy rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €90.64 ($105.40).
Shares of EPA SU traded up €3.08 ($3.58) during midday trading on Wednesday, reaching €81.78 ($95.09). 1,514,025 shares of the company’s stock traded hands, compared to its average volume of 1,610,000. The stock’s 50 day simple moving average is €88.11 and its 200-day simple moving average is €86.76. Schneider Electric has a one year low of €64.88 ($75.44) and a one year high of €76.34 ($88.77).
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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