Schaeffler (SHA) PT Set at €14.00 by Jefferies Group
Schaeffler (FRA:SHA) has been assigned a €14.00 ($16.67) target price by investment analysts at Jefferies Group in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Jefferies Group’s target price would indicate a potential downside of 2.00% from the company’s current price.
A number of other research firms have also weighed in on SHA. UBS set a €10.00 ($11.90) price target on shares of Schaeffler and gave the stock a “sell” rating in a research report on Wednesday, November 8th. Deutsche Bank set a €17.00 ($20.24) price target on shares of Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 9th. Nord/LB set a €13.50 ($16.07) target price on shares of Schaeffler and gave the company a “neutral” rating in a report on Wednesday, November 8th. Kepler Capital Markets set a €17.50 ($20.83) target price on shares of Schaeffler and gave the company a “buy” rating in a report on Thursday, November 9th. Finally, DZ Bank reiterated a “neutral” rating on shares of Schaeffler in a report on Monday, November 27th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Schaeffler presently has a consensus rating of “Hold” and an average price target of €14.35 ($17.09).
Schaeffler (FRA SHA) opened at €14.29 ($17.01) on Thursday. Schaeffler has a 52-week low of €11.30 ($13.45) and a 52-week high of €16.60 ($19.76).
Schaeffler Company Profile
Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.
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