Schneider Electric jumps after J.P. Morgan upgrade to 'overweight'

Schneider Electric SE

04/12/2025 08:22

Updates share move, year to date shares move in fourth bullet

** Shares in Schneider Electric SCHN.PA jump as much as 3.6% after J.P. Morgan upgraded the French industrial group to "overweight" from "neutral"

** The broker expects Schneider 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

** Including Thursday's rise, the Paris-listed stock has dropped 0.71% year-to-date to 237.7 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;))