SCHNEIDER ELECTRIC - BUY vs. UNDER REVIEW | EUR112 vs. EUR77 (+12%) Well positioned to play a central role in a post-Covid world
Much better than anticipated in the current environment2021 adjusted EBITA assumptions revised up by 20%
Valuation deeply revisited
Rating upgraded to Buy on a long term perspective
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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