Schneider Electric SE (SU) Given a €78.00 Price Target at Credit Suisse Group

Credit Suisse Group set a €78.00 ($91.76) price objective on Schneider Electric SE (EPA:SU) in a research report report published on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently weighed in on SU. UBS AG set a €68.00 ($80.00) price objective on Schneider Electric SE and gave the company a neutral rating in a research note on Thursday, July 27th. J P Morgan Chase & Co set a €76.00 ($89.41) target price on Schneider Electric SE and gave the stock a buy rating in a research note on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a €86.00 ($101.18) target price on Schneider Electric SE and gave the stock a buy rating in a research note on Monday, May 1st. Kepler Capital Markets set a €77.00 ($90.59) target price on Schneider Electric SE and gave the stock a buy rating in a research note on Friday, July 28th. Finally, Morgan Stanley set a €73.00 ($85.88) target price on Schneider Electric SE and gave the stock a buy rating in a research note on Wednesday, May 3rd. Eight equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of €73.35 ($86.30).

Shares of Schneider Electric SE (EPA:SU) opened at 68.69 on Tuesday. The firm has a 50 day moving average price of €67.76 and a 200 day moving average price of €68.13. Schneider Electric SE has a one year low of €57.97 and a one year high of €74.50. The stock has a market capitalization of €38.26 billion and a PE ratio of 20.32.

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About Schneider Electric SE

Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Buildings, Infrastructure, Industry, and IT. The Building 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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