J.P. Morgan ups Schneider to 'overweight' on structural growth despite underwhelming CMD expectations

Schneider Electric SE

04/12/2025 07:16

** J.P. Morgan upgrades Schneider Electric SCHN.PA to "overweight" from "neutral" expecting it to deliver higher growth than peers through 2027, after muted share performance this year and a potentially underwhelming CMD next week

** It bumps the French industrial group's TP by 30% to 285 euros ($332.25) citing mid-term margin expansion and earnings growth as stock performance drivers

** As of Wednesday's close, the Paris-listed stock has gained 4% year-to-date to 229.5 euros

** JPM says the stock appears to be priced towards forward valuation, offering a lower-risk entry point

** Out of 28 analysts that cover Schneider Electric, 22 rate the stock "strong buy" or "buy" and ​six rate it "hold" - LSEG data

($1 = 0.8578 euros)

 (Reporting by Alessandro Parodi)

 ((Alessandro.Parodi@thomsonreuters.com;))