Finally Time To Cut Your Stake? Jefferies Downgrades Schneider Electric (EPA:SU) Shares


Schneider Electric (EPA:SU) Receives a Downgrade

Shares of Paris-listed Schneider Electric (EPA:SU) Have been downgraded by stock research analysts at Jefferies. Jefferies downgraded their rating for the 30.39 billion EUR market cap company to a Underperform from their previous Hold rating.

From a total of 9 analysts covering Schneider Electric (EPA:SU) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. Schneider Electric was the topic of 3 analyst reports since September 4, 2015 according to the firm StockzIntelligence Inc. Barclays Capital downgraded shares on December 9 to “Equal Weight” rating. Berenberg initiated SU stock in a recent report from September 4 with “Buy” rating.

Approximately 2.26 million shares of stock traded hands or 7.11% up from the average. Schneider Electric SE (EPA:SU) has declined 16.50% since May 15, 2015 and is downtrending. It has underperformed by 12.69% the S&P500.

Finally Time To Cut Your Stake? Jefferies Downgrades Schneider Electric (EPA:SU) Shares

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 30.39 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 17.26 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.”