JPMorgan Chase & Co. Reiterates “€75.00” Price Target for Schneider Electric (SU)

JPMorgan Chase & Co. set a €75.00 ($87.21) target price on Schneider Electric (EPA:SU) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the company. Deutsche Bank set a €77.00 ($89.53) target price on Schneider Electric and gave the stock a buy rating in a research note on Friday, February 15th. HSBC set a €83.00 ($96.51) target price on Schneider Electric and gave the stock a buy rating in a research note on Thursday, February 21st. Credit Suisse Group set a €78.00 ($90.70) target price on Schneider Electric and gave the stock a buy rating in a research note on Wednesday, February 20th. Royal Bank of Canada set a €75.00 ($87.21) target price on Schneider Electric and gave the stock a buy rating in a research note on Thursday, February 14th. Finally, Berenberg Bank set a €70.00 ($81.40) target price on Schneider Electric and gave the stock a buy rating in a research note on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company’s stock. Schneider Electric presently has an average rating of Hold and a consensus target price of €74.00 ($86.05).

Schneider Electric has a fifty-two week low of €64.88 ($75.44) and a fifty-two week high of €76.34 ($88.77).

About Schneider Electric

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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