Schneider Electric (EPA:SU) Given a €70.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €70.00 ($81.40) price objective on Schneider Electric (EPA:SU) in a report released on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other equities analysts also recently issued reports on SU. Deutsche Bank set a €86.00 ($100.00) price objective on Schneider Electric and gave the stock a buy rating in a report on Friday, October 25th. Royal Bank of Canada set a €91.00 ($105.81) price objective on Schneider Electric and gave the stock a buy rating in a report on Thursday, October 24th. Barclays set a €103.00 ($119.77) price objective on Schneider Electric and gave the stock a buy rating in a report on Tuesday, December 10th. HSBC set a €100.00 ($116.28) price objective on Schneider Electric and gave the stock a buy rating in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. set a €92.00 ($106.98) price objective on Schneider Electric and gave the stock a buy rating in a report on Monday, December 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Schneider Electric presently has a consensus rating of Buy and an average target price of €85.07 ($98.92).

SU opened at €91.84 ($106.79) on Monday. The stock has a fifty day simple moving average of €90.70 and a two-hundred day simple moving average of €82.01. Schneider Electric has a 12-month low of €64.88 ($75.44) and a 12-month high of €76.34 ($88.77).

Schneider Electric Company Profile

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.

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