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

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 report published on Wednesday,Zacks.com reports.

Separately, The Goldman Sachs Group upgraded Schneider Electric S.E. to a “strong-buy” rating in a research note on Thursday, March 13th.

Schneider Electric S.E. Trading Down 2.4 %

Shares of SBGSY stock opened at $51.43 on Wednesday. Schneider Electric S.E. has a 52-week low of $43.07 and a 52-week high of $56.98. 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 stock has a fifty day simple moving average of $50.72 and a two-hundred day simple moving average of $51.10.

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.