Royal Bank of Canada Upgrades Schneider Electric S.E. (OTCMKTS:SBGSY) to Moderate Buy

Royal Bank of Canada upgraded shares of Schneider Electric S.E. (OTCMKTS:SBGSY) from a strong sell rating to a moderate buy rating in a research note published on Wednesday morning,Zacks.com reports.

Separately, The Goldman Sachs Group raised shares of Schneider Electric S.E. to a “strong-buy” rating in a report on Thursday, March 13th.

Schneider Electric S.E. Stock Performance

Shares of Schneider Electric S.E. stock opened at $51.43 on Wednesday. The business has a 50-day moving average price of $50.72 and a 200-day moving average price of $51.10. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.21. Schneider Electric S.E. has a twelve month low of $43.07 and a twelve month high of $56.98.

Schneider Electric S.E. 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.