Schneider Electric (EPA:SU) Given a €78.00 Price Target by JPMorgan Chase & Co. Analysts
JPMorgan Chase & Co. set a €78.00 ($92.86) price objective on Schneider Electric (EPA:SU) in a research note released on Friday, December 8th. The brokerage currently has a buy rating on the stock.
Several other analysts have also recently issued reports on SU. Credit Suisse Group set a €78.00 ($92.86) target price on shares of Schneider Electric and gave the company a buy rating in a research report on Tuesday, August 15th. Goldman Sachs Group reissued a buy rating on shares of Schneider Electric in a research report on Monday, August 21st. Deutsche Bank set a €76.00 ($90.48) target price on shares of Schneider Electric and gave the stock a buy rating in a research note on Wednesday, September 6th. Berenberg Bank set a €78.00 ($92.86) price objective on shares of Schneider Electric and gave the company a buy rating in a research note on Monday, September 25th. Finally, Societe Generale set a €85.00 ($101.19) price objective on shares of Schneider Electric and gave the company a buy rating in a research note on Tuesday, October 3rd. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of €76.06 ($90.55).
Shares of Schneider Electric (EPA SU) traded down €0.40 ($0.48) on Friday, hitting €71.92 ($85.62). 758,212 shares of the stock traded hands, compared to its average volume of 1,250,000. Schneider Electric has a 52 week low of €63.36 ($75.43) and a 52 week high of €75.94 ($90.40). The firm has a market capitalization of $42,910.00 and a P/E ratio of 20.49.
About Schneider Electric
Schneider Electric is the global specialist in energy management and automation. With revenues of ~€25 billion in FY2016, our 144,000 employees serve customers in over 100 countries, helping them to manage their energy and process in ways that are safe, reliable, efficient and sustainable. From the simplest of switches to complex operational systems, our technology, software and services improve the way our customers manage and automate their operations. Our connected technologies reshape industries, transform cities and enrich lives. At Schneider Electric, we call this *Life Is On*. Schneider Electric is the worldwide expert in energy administration and automation. With incomes of ~€25 billion in FY2016, our 144,000 representatives serve clients in more than 100 nations, Schneider Electric helping them to deal with their energy and process in ways that are protected, dependable, productive and practical. From the least difficult of changes to complex operational frameworks, Schneider Electric innovation, programming and administrations enhance the way our clients oversee and computerize their operations. Schneider Electric associated advancements reshape businesses, change urban communities and advance lives. At Schneider Electric, we call this Life Is On. Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. With global presence in over 100 countries, Schneider is the undisputable leader in Power Management – Medium Voltage, Low Voltage and Secure Power, and in Automation Systems. We provide integrated efficiency solutions, combining energy, automation and software. In our global Ecosystem, we collaborate with the largest Partner, Integrator and Developer Community on our Open Platform to deliver real-time control and operational efficiency. We believe that great people and partners make Schneider a great company and that our commitment to Innovation, Diversity and Sustainability ensures that Life Is On everywhere, for everyone and at every moment.