Deutsche Bank Analysts Give Schneider Electric (SU) a €78.00 Price Target
Deutsche Bank set a €78.00 ($92.86) price target on Schneider Electric (EPA:SU) in a research report sent to investors on Wednesday, December 13th. The brokerage currently has a buy rating on the stock.
Several other research analysts have also issued reports on the company. JPMorgan Chase & Co. set a €76.00 ($90.48) target price on Schneider Electric and gave the stock a buy rating in a research report on Tuesday, October 3rd. Credit Suisse Group set a €78.00 ($92.86) target price on Schneider Electric and gave the stock a buy rating in a research report on Tuesday, August 15th. Berenberg Bank set a €78.00 ($92.86) target price on Schneider Electric and gave the stock a buy rating in a research report on Monday, September 25th. Barclays set a €70.00 ($83.33) price objective on Schneider Electric and gave the stock a neutral rating in a research report on Friday, October 27th. Finally, Jefferies Group set a €70.00 ($83.33) price objective on Schneider Electric and gave the stock a neutral rating in a research report on Friday, October 27th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of Buy and an average price target of €76.06 ($90.55).
Shares of Schneider Electric (EPA SU) traded down €0.50 ($0.60) during trading hours on Wednesday, reaching €70.86 ($84.36). The company had a trading volume of 837,139 shares, compared to its average volume of 1,230,000. The firm has a market capitalization of $42,280.00 and a P/E ratio of 20.19. Schneider Electric has a 1-year low of €63.36 ($75.43) and a 1-year high of €75.94 ($90.40).
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.
