Schneider Electric S.E. (OTCMKTS:SBGSY) Price Target Increased to €155.00 by Analysts at Barclays

Posted by MarketBeat News on Aug 2nd, 2022

Schneider Electric S.E. (OTCMKTS:SBGSY – Get Rating) had its target price boosted by Barclays from €145.00 ($149.48) to €155.00 ($159.79) in a report issued on Monday, The Fly reports.

A number of other equities analysts have also issued reports on SBGSY. Citigroup upped their target price on Schneider Electric S.E. to €135.00 ($139.18) in a research report on Friday. Sanford C. Bernstein lowered Schneider Electric S.E. from a market perform rating to an underperform rating in a research report on Monday, July 11th. Morgan Stanley dropped their price target on Schneider Electric S.E. from €157.00 ($161.86) to €153.00 ($157.73) in a research report on Monday. Bank of America raised Schneider Electric S.E. from a neutral rating to a buy rating in a research report on Wednesday, July 6th. Finally, Credit Suisse Group dropped their price target on Schneider Electric S.E. from €170.00 ($175.26) to €160.00 ($164.95) in a research report on Monday. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $160.38.

Schneider Electric S.E. Price Performance

Shares of SBGSY opened at $27.30 on Monday. The business’s 50 day moving average is $25.23 and its two-hundred day moving average is $29.22. Schneider Electric S.E. has a 52-week low of $22.20 and a 52-week high of $40.45. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.27.

Schneider Electric S.E. Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 3rd. Stockholders of record on Wednesday, May 18th were issued a $0.4592 dividend. The ex-dividend date was Tuesday, May 17th. This represents a dividend yield of 1.72%.

About Schneider Electric S.E.

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Schneider Electric S.E. provides energy and automation digital solutions worldwide. It operates through two segments, Energy Management and Industrial Automation. The company offers busway and cable support products, circuit breakers and switches, contactors and protection relays, electrical protection and control products, energy management software solutions, transfer switches, surge protection and power conditioning products, power monitoring and control products, power quality and power factor correction products, pushbuttons, switches, pilot lights and joysticks, software products, and switchboards and enclosures.