Deutsche Bank AG Reiterates “€78.00” Price Target for Schneider Electric SE (SU)

Deutsche Bank AG set a €78.00 ($91.76) price target on Schneider Electric SE (EPA:SU) in a research report sent to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on SU. Goldman Sachs Group, Inc. (The) set a €87.00 ($102.35) target price on shares of Schneider Electric SE and gave the stock a buy rating in a report on Monday, October 16th. UBS Group AG (USA) set a €68.00 ($80.00) price target on Schneider Electric SE and gave the stock a neutral rating in a research note on Thursday, July 27th. J P Morgan Chase & Co set a €76.00 ($89.41) price target on Schneider Electric SE and gave the stock a buy rating in a research note on Monday, July 31st. Jefferies Group LLC set a €70.00 ($82.35) price target on Schneider Electric SE and gave the stock a neutral rating in a research note on Friday, October 27th. Finally, Kepler Capital Markets set a €77.00 ($90.59) price target on Schneider Electric SE and gave the stock a buy rating in a research note on Friday, July 28th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €75.06 ($88.30).

Shares of Schneider Electric SE (EPA:SU) opened at €74.94 ($88.16) on Wednesday. Schneider Electric SE has a fifty-two week low of €58.05 ($68.29) and a fifty-two week high of €75.94 ($89.34).

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About Schneider Electric SE

Schneider Electric SE is a France-based company that specializes in electricity distribution, automation management and produces installation components for energy management. The Company has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer segments in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose customers are hotels, hospitals, office and retail buildings; Data canters and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features.

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