How Citigroup Currently Rates Schneider Electric (EPA:SU)
Citigroup revealed to investors in an interesting analyst report that it have initiated coverage on Schneider Electric (EPA:SU) stock, with Sell rating.
Approximately 3.09 million shares of stock traded hands or 63.49% up from the average. Schneider Electric SE (EPA:SU) has declined 16.41% since April 28, 2015 and is downtrending. It has underperformed by 14.79% the S&P500.
Schneider Electric SE is a France-based firm that specializes in electricity distribution, automation management and produces installation components for energy management. The company has a market cap of 33.20 billion EUR. The Firm has five divisions organized by business: Energy and Infrastructure, which includes medium and low voltage, installation systems and control, renewable energies and includes customer divisions in Utilities, Marine, residential and oil & gas sector; Industry, which includes automation & control which includes water treatment and mining, minerals & metals industries; Buildings, which includes building automation and security, whose clients are hotels, hospitals, office and retail buildings; Data centres and networks, and Residential which is engaged in solutions for saving electricity bills by combining lighting and heating control features. It has 19.05 P/E ratio.
According to Zacks Investment Research, “SUNCOR ENERGY is a world leader in mining and extracting crude oil from the vast oil sands deposits of northern Alberta. They also explore for, develop and market natural gas, operate a refining and marketing business in Ontario, and are actively involved in the development of renewable energy sources to help meet the energy needs of tomorrow.” Get a free copy of the Zacks research report on Schneider Electric SE (SU)