(CercleFinance.com) – UBS reaffirms its ‘buy’ recommendation on Schneider Electric with a price target raised from 207 to 250 euros, a new target which contains 19% upside potential for the stock of the French specialist in energy management. energy and automation.
The broker highlights ‘double-digit average annual EPS growth rate, supported by secular growth drivers and margin expansion’, and believes that ‘margin targets for 2024 appear conservative’.
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