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Schneider Electric: Downgrade To Hold As Valuation Has Become Expensive

Schneider Electric has exhibited robust performance and positive trends in key segments. Learn why SBGSY stock is a Hold.

By: Seeking Alpha

Mar 02 2024
15
33 Views

shulz Overview My recommendation for Schneider Electric (OTCPK:SBGSY) is a hold rating, as I am not a fan of the high valuation that it is trading today (24x forward PE). While I do agree that the business has a good outlook, the valuation is not pro... [5840 chars]

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