Schneider Electric (EPA:SU) has been assigned a €66.00 ($76.74) target price by stock analysts at UBS Group in a report issued on Thursday, www.boersen-zeitung.de reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price suggests a potential downside of 8.71% from the company’s previous close.
A number of other equities research analysts also recently weighed in on the company. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Schneider Electric in a research report on Thursday, August 23rd. Goldman Sachs Group set a €80.00 ($93.02) price objective on Schneider Electric and gave the company a “neutral” rating in a research report on Wednesday, September 12th. Jefferies Financial Group set a €70.00 ($81.40) price objective on Schneider Electric and gave the company a “neutral” rating in a research report on Monday, July 30th. Deutsche Bank set a €82.00 ($95.35) price objective on Schneider Electric and gave the company a “buy” rating in a research report on Monday, July 30th. Finally, Credit Suisse Group set a €85.00 ($98.84) price objective on Schneider Electric and gave the company a “buy” rating in a research report on Wednesday, July 11th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Schneider Electric currently has an average rating of “Buy” and a consensus price target of €79.25 ($92.15).
Shares of SU stock opened at €72.30 ($84.07) on Thursday. Schneider Electric has a 1-year low of €64.88 ($75.44) and a 1-year 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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