Schneider Electric S.E. (OTCMKTS:SBGSY) Lowered to “Hold” Rating by Berenberg Bank

Schneider Electric S.E. (OTCMKTS:SBGSY) was downgraded by research analysts at Berenberg Bank from a “strong-buy” rating to a “hold” rating in a report released on Tuesday, Zacks.com reports.

Separately, Citigroup raised Schneider Electric S.E. to a “hold” rating in a research note on Wednesday, October 2nd.

Schneider Electric S.E. Stock Down 1.8 %

Shares of OTCMKTS:SBGSY opened at $51.44 on Tuesday. The stock’s 50-day moving average price is $51.68 and its two-hundred day moving average price is $49.66. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91. Schneider Electric S.E. has a 12-month low of $31.80 and a 12-month high of $55.00.

About Schneider Electric S.E.

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.