Goldman Sachs Group set a €62.00 ($72.09) target price on Schneider Electric (EPA:SU) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Other research analysts have also issued reports about the company. JPMorgan Chase & Co. initiated coverage on Pinduoduo in a report on Tuesday, July 9th. They set an underweight rating and a $20.48 target price on the stock. HSBC reiterated a hold rating on shares of ATLAS COPCO AB/S in a report on Monday, April 15th. Kepler Capital Markets set a €46.00 ($53.49) target price on Deutsche Wohnen and gave the stock a buy rating in a report on Tuesday, April 23rd. Deutsche Bank reiterated a hold rating and set a GBX 350 ($4.57) target price on shares of in a report on Friday, July 5th. Finally, UBS Group set a €83.00 ($96.51) price target on Schneider Electric and gave the company a buy rating in a research note on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €76.82 ($89.33).
SU stock opened at €76.96 ($89.49) on Wednesday. The business’s 50-day simple moving average is €75.89. Schneider Electric has a 1-year low of €64.88 ($75.44) and a 1-year high of €76.34 ($88.77).
About Schneider Electric
Schneider Electric SE provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Secure Power, and Industrial Automation. The Low Voltage 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.
Further Reading: Momentum Indicators
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