Schneider Electric: UBS raises target price
(CercleFinance.com) - UBS confirms its 'buy' recommendation on Schneider Electric shares, with a target price raised from E260 to E270, implying 12% upside potential, the day after the energy management and industrial automation specialist's trading update.
Schneider's thematic growth exposures are generating another solid publication and a slight increase in earnings expectations, the broker points out, highlighting a quality combination status in sight for the group.
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The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
Schneider's thematic growth exposures are generating another solid publication and a slight increase in earnings expectations, the broker points out, highlighting a quality combination status in sight for the group.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.