Schneider Electric: take a step back







Photo credit © Schneider

(Boursier.com) — Schneider Electric lost 1.4% this Friday to 172.60 euros, while the stock is among the strongest gains in a year (+25%). Among the latest broker opinions, Morgan Stanley remains at ‘market weighting’ on the group with a target raised from 155 to 168 euros. JP Morgan, for its part, overweights the stock with a more ambitious target of 200 euros. Deutsche Bank also remains long on the electrician and had already raised its price target to 190 euros, while HSBC had also adjusted its target to 190 euros, with a buyer’s opinion… On the occasion of its last ‘Investor Day’, management indicated that it was targeting annual organic growth of between +7% and +10% over the 2024-2027 period with an average annual organic growth rate of the adjusted EBITA margin of approximately +50 basis points.

Long-term ambitions also involve organic growth in activity of more than 5% on average over the entire economic cycle and a free cash flow conversion rate of around 100% overall. of the economic cycle.


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