Citigroup Inc. set a €14.00 ($16.47) price target on Schaeffler AG (FRA:SHA) in a report released on Friday. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also recently issued reports on SHA. UBS AG set a €13.00 ($15.29) price objective on shares of Schaeffler AG and gave the company a sell rating in a research note on Monday, July 10th. HSBC Holdings plc set a €16.00 ($18.82) target price on shares of Schaeffler AG and gave the stock a buy rating in a report on Wednesday, July 19th. Deutsche Bank AG set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the stock a buy rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the stock a buy rating in a report on Wednesday, May 31st. Finally, J P Morgan Chase & Co set a €13.50 ($15.88) target price on shares of Schaeffler AG and gave the stock a sell rating in a report on Monday, May 29th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €14.48 ($17.03).

Schaeffler AG (FRA SHA) opened at 11.715 on Friday. The firm has a market capitalization of €7.80 billion and a price-to-earnings ratio of 9.181. Schaeffler AG has a one year low of €11.44 and a one year high of €16.60. The firm’s 50-day moving average is €12.39 and its 200 day moving average is €14.62.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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