Schneider Electric SE
SU: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€217.00 | Nvqq | Hspynlpt |
Schneider Electric Beats Expectations on First-Quarter Revenue Growth; Shares Offer Modest Upside
Schneider Electric's first-quarter revenue growth beat company provided consensus. While margins are only reported semiannually, encouragingly, the company confirmed that it expects a net positive price contribution and margin expansion at the group level this year, in spite of inflationary pressures. We maintain our wide moat rating and EUR 150 fair value estimate. Shares offer modest upside from current levels.