Schneider Electric S.E. (OTCMKTS:SBGSY) Stock Rating Lowered by Berenberg Bank

Berenberg Bank cut shares of Schneider Electric S.E. (OTCMKTS:SBGSY) from a strong-buy rating to a hold rating in a report released on Tuesday morning, Zacks.com reports.

Separately, Citigroup upgraded shares of Schneider Electric S.E. to a “hold” rating in a report on Wednesday, October 2nd.

Schneider Electric S.E. Price Performance

OTCMKTS:SBGSY opened at $51.44 on Tuesday. Schneider Electric S.E. has a 52 week low of $31.80 and a 52 week high of $55.00. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average of $51.68 and a 200 day moving average of $49.66.

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.