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Schneider Electric: Oddo BHF remains positive, adjusts its target

(CercleFinance.com) - Oddo BHF reaffirms its 'outperform' opinion on Schneider Electric, with an adjusted price target of €269 to €273, incorporating its upgraded estimates for the group from 2026 onwards, the day after the trading update.


"With 8% organic sales growth achieved in the third quarter, Schneider Electric is well ahead of the groups in our coverage that have already published (11 groups have published for average organic growth of 0.1%)", the analyst points out.

It benefits from its positioning in segments with high growth potential (grid, datacenters, software, infrastructure, etc.), which we believe justifies the share trading on best-in-class multiples", he continues.

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