ENXTPA:SUElectrical
Is Schneider Electric (ENXTPA:SU) Still Undervalued On The Fed Driven Rally?
Schneider Electric (ENXTPA:SU) moved higher after the latest US Federal Reserve rate hike shifted sentiment across European equities. The stock reacted alongside peers as tighter policy pushed the dollar up and refocused attention on export and energy costs.
For context, Schneider Electric’s share price has risen 21.11% year to date to €287.10, while the 1-year total shareholder return of 25.34% and 3-year total shareholder return of 94.37% point to momentum that has been building rather than...