Schneider Electric Unspon (NASDAQ:SBGSY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday, August 3rd. The brokerage currently has a $18.00 price target on the industrial products company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 14.36% from the stock’s previous close.
According to Zacks, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France. “
Separately, Liberum Capital upgraded shares of Schneider Electric Unspon from a “hold” rating to a “buy” rating in a research note on Thursday, June 22nd.
Schneider Electric Unspon (SBGSY) opened at 15.74 on Thursday. Schneider Electric Unspon has a one year low of $12.90 and a one year high of $16.48. The company has a 50-day moving average price of $15.71 and a 200-day moving average price of $15.04. The company has a market capitalization of $43.83 billion and a price-to-earnings ratio of 19.71.
Schneider Electric Unspon Company Profile
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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