Zacks: Schneider Electric Unspon (SBGSY) Receives Average Recommendation of “Hold” from Analysts

Schneider Electric Unspon (NASDAQ:SBGSY) has earned an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a sell recommendation and one has assigned a buy recommendation to the company.

Zacks has also assigned Schneider Electric Unspon an industry rank of 195 out of 265 based on the ratings given to its competitors.

Several brokerages recently issued reports on SBGSY. Zacks Investment Research raised Schneider Electric Unspon from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Citigroup Inc raised Schneider Electric Unspon from a “sell” rating to a “neutral” rating in a research note on Friday, March 17th. Finally, Royal Bank of Canada raised Schneider Electric Unspon from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, January 25th.

Shares of Schneider Electric Unspon (NASDAQ:SBGSY) traded down 0.71% during midday trading on Thursday, hitting $15.32. The stock had a trading volume of 22,096 shares. The company has a market cap of $42.51 billion and a PE ratio of 22.72. The company’s 50 day moving average is $14.96 and its 200 day moving average is $14.09. Schneider Electric Unspon has a 52-week low of $10.82 and a 52-week high of $16.19.

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