Schneider Electric (OTCMKTS:SBGSY) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Schneider Electric (OTCMKTS:SBGSY) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

Several other brokerages have also issued reports on SBGSY. Kepler Capital Markets lowered shares of Schneider Electric from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 25th. Barclays lowered shares of Schneider Electric from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Schneider Electric Trading Down 3.1%

Shares of SBGSY stock opened at $50.1950 on Tuesday. The firm has a fifty day moving average of $52.23 and a 200-day moving average of $49.88. 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 has a 12-month low of $39.7730 and a 12-month high of $56.98.

About Schneider Electric

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.