Schneider Electric (OTCMKTS:SBGSY) Upgraded by Kepler Capital Markets to Strong-Buy Rating

Key Points

• Schneider Electric has been upgraded to a strong-buy rating by Kepler Capital Markets, indicating increased investor confidence in the stock.
• In addition to Kepler, multiple other analysts including Deutsche Bank and Erste Group Bank have also raised their ratings on Schneider Electric, highlighting a positive trend in analyst sentiment.
• The stock's performance includes a 12-month range with a low of $39.77 and a high of $56.98, showing potential for growth following recent upgrades.

Schneider Electric (OTCMKTS:SBGSY - Get Free Report) was upgraded by investment analysts at Kepler Capital Markets from a "hold" rating to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on SBGSY. Deutsche Bank Aktiengesellschaft raised Schneider Electric from a "hold" rating to a "buy" rating in a research report on Tuesday, September 2nd. Zacks Research downgraded Schneider Electric from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, September 17th. Erste Group Bank raised Schneider Electric from a "hold" rating to a "strong-buy" rating in a research report on Thursday, September 11th. Finally, Santander raised Schneider Electric to an "outperform" rating in a research report on Wednesday, September 3rd. Four research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy".

Schneider Electric Stock Performance

SBGSY stock opened at $56.02 on Tuesday. The stock has a 50-day moving average price of $52.41 and a two-hundred day moving average price of $50.44. Schneider Electric has a 12-month low of $39.77 and a 12-month high of $56.98. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.23 and a quick ratio of 0.95.

Schneider Electric Company Profile

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.

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