Schneider Electric (OTC:SBGSY) Receives a Downgrade
Equity research analysts at Jefferies & Co’s equities division cut the rating for shares of Schneider Electric (OTC:SBGSY) from a Hold to a Underperform on Friday, 18 December.
Approximately 272,068 shares of stock traded hands. SCHNEIDER ELECTRIC UNSPON ADR EA REP 0.20 ORD (OTC:SBGSY) has declined 26.64% since May 15, 2015 and is downtrending. It has underperformed by 22.83% the S&P500.
According to Zacks Investment Research, “Schneider Electric SA offers integrated solutions across multiple market segments energy and infrastructure, industrial processes, building automation, and data centers or networks, as well as in residential applications. The Company is focused on making energy safe, reliable, and efficient. Its power management systems offers high density metering, energy tariff optimization, power quality mitigation, local LV/MV protection & control, intelligent power & motor control, renewable energy conversion and electric vehicle recharging. Its process and machine management system offers general machines control, packaging control and material handling control and hoisting control. Its IT / server room management systems offer rack systems, uninterruptible power supply, cooling control and surveillance. It also has building management systems and security management systems. Schneider Electric SA is headquartered in Rueil Malmaison, France.”