Schneider Electric SE (EPA:SU) has been assigned a €68.00 ($71.58) price objective by stock analysts at Credit Suisse Group AG in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock.
A number of other brokerages have also recently issued reports on SU. Morgan Stanley set a €70.00 ($73.68) price target on Schneider Electric SE and gave the company a “buy” rating in a report on Thursday, November 24th. Goldman Sachs Group Inc. set a €77.00 ($81.05) price target on Schneider Electric SE and gave the company a “buy” rating in a report on Tuesday, November 1st. JPMorgan Chase & Co. set a €68.00 ($71.58) price target on Schneider Electric SE and gave the company a “buy” rating in a report on Friday, October 28th. Citigroup Inc. reaffirmed a “sell” rating on shares of Schneider Electric SE in a report on Wednesday, October 12th. Finally, Berenberg Bank set a €72.00 ($75.79) price objective on Schneider Electric SE and gave the stock a “buy” rating in a report on Monday, October 3rd. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €63.59 ($66.93).
Shares of Schneider Electric SE (EPA:SU) opened at 61.86 on Tuesday. Schneider Electric SE has a 12-month low of €45.31 and a 12-month high of €64.89. The company has a 50 day moving average of €61.87 and a 200-day moving average of €58.94. The firm has a market cap of €34.75 billion and a PE ratio of 23.42.