Zacks Investment Research Downgrades SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) to Sell

SCHNEIDER ELEC /ADR (OTCMKTS:SBGSY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.

According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “

Separately, ValuEngine upgraded shares of SCHNEIDER ELEC /ADR from a “strong sell” rating to a “sell” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $20.00.

SCHNEIDER ELEC /ADR stock traded up $0.02 during midday trading on Wednesday, reaching $19.18. 239,987 shares of the stock were exchanged, compared to its average volume of 459,003. SCHNEIDER ELEC /ADR has a 52 week low of $12.84 and a 52 week high of $19.47. The firm has a market cap of $55.70 billion, a PE ratio of 17.60 and a beta of 1.17. The company’s fifty day moving average is $18.87 and its 200-day moving average is $17.41.

About SCHNEIDER ELEC /ADR

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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