Schneider Electric S.E. (OTCMKTS:SBGSY) Receives $146.60 Consensus Target Price from Brokerages

Posted by Defense World Staff on Jul 16th, 2023

Schneider Electric S.E. (OTCMKTS:SBGSY – Get Free Report) has received an average rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $146.60.

Separately, Bank of America lowered Schneider Electric S.E. from a “buy” rating to an “underperform” rating in a report on Thursday.

Schneider Electric S.E. Stock Performance

OTCMKTS:SBGSY opened at $36.29 on Thursday. The stock’s fifty day moving average is $35.13 and its 200 day moving average is $33.23. Schneider Electric S.E. has a fifty-two week low of $21.37 and a fifty-two week high of $36.89. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.66 and a current ratio of 0.87.

Schneider Electric S.E. Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 1st. Shareholders of record on Wednesday, May 10th were given a $0.5326 dividend. This represents a yield of 1.54%. The ex-dividend date of this dividend was Tuesday, May 9th. This is an increase from Schneider Electric S.E.’s previous dividend of $0.46.

Schneider Electric S.E. Company Profile

(Get Free Report

Schneider Electric S.E. engages in the energy management and industrial automation business worldwide. It offers busway and cable support products, circuit breakers and switches, contactors and protection relays, electrical vehicle charging, electrical protection and control products, energy management software solutions, power and energy monitoring systems, power quality and power factor correction products, pushbuttons, switches, pilot lights and joysticks, field services, and switchboards and enclosures.