JPMorgan Chase Reiterates €80.00 Price Target for Schneider Electric (EPA:SU)

Schneider Electric (EPA:SU) has been given a €80.00 ($98.77) target price by equities researchers at JPMorgan Chase in a report released on Friday, March 16th. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase’s target price points to a potential upside of 10.65% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Goldman Sachs set a €82.00 ($101.23) target price on Schneider Electric and gave the company a “buy” rating in a research report on Wednesday, February 21st. Barclays set a €72.00 ($88.89) price objective on Schneider Electric and gave the company a “neutral” rating in a research note on Tuesday, December 5th. UBS set a €70.00 ($86.42) price objective on Schneider Electric and gave the company a “neutral” rating in a research note on Tuesday, December 12th. Credit Suisse Group set a €82.00 ($101.23) price objective on Schneider Electric and gave the company a “buy” rating in a research note on Friday, February 16th. Finally, Deutsche Bank set a €78.00 ($96.30) target price on Schneider Electric and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Schneider Electric has an average rating of “Buy” and a consensus price target of €77.56 ($95.76).

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Shares of SU traded up €0.78 ($0.96) during midday trading on Friday, reaching €72.30 ($89.26). The company had a trading volume of 3,100,000 shares, compared to its average volume of 1,610,000. Schneider Electric has a 1-year low of €64.88 ($80.10) and a 1-year high of €76.34 ($94.25).

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Schneider Electric Company Profile

Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Buildings, Infrastructure, Industry, and IT. The Building 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.

Analyst Recommendations for Schneider Electric (EPA:SU)

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