Schneider Electric (OTCMKTS:SBGSY) Stock Rating Upgraded by Zacks Research

Schneider Electric (OTCMKTS:SBGSY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other analysts have also recently issued reports about the stock. Morgan Stanley reissued an “overweight” rating on shares of Schneider Electric in a research note on Monday, June 29th. Barclays restated an “overweight” rating on shares of Schneider Electric in a research report on Monday, July 6th. Erste Group Bank upgraded Schneider Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Berenberg Bank raised Schneider Electric to a “strong-buy” rating in a research note on Monday, June 1st. Four equities research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.

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Schneider Electric Stock Performance

SBGSY opened at $68.88 on Wednesday. Schneider Electric has a 1-year low of $48.68 and a 1-year high of $69.87. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.90 and a current ratio of 1.19. The firm has a 50-day moving average price of $63.19 and a two-hundred day moving average price of $61.14.

About Schneider Electric

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Schneider Electric is a global specialist in energy management and automation solutions, offering products and services that help customers optimize the use of electrical power and industrial processes. Headquartered in Rueil-Malmaison, France, the company traces its industrial roots back to the 19th century and has evolved into a technology-driven provider of electrical distribution, control and automation equipment, and related software and services.

The company’s portfolio spans low- and medium-voltage electrical distribution, building and home automation, industrial automation and control systems, critical power and cooling for data centers, and integrated software platforms that enable monitoring, analytics and remote operations.

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