Schaeffler (FRA:SHA) has been given a €15.10 ($17.98) price objective by equities research analysts at Goldman Sachs Group in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s target price would suggest a potential upside of 4.68% from the company’s current price.

A number of other equities research analysts also recently weighed in on SHA. UBS set a €10.00 ($11.90) target price on Schaeffler and gave the company a “sell” rating in a report on Monday, August 7th. J P Morgan Chase & Co set a €11.20 ($13.33) price target on Schaeffler and gave the company a “sell” rating in a research note on Thursday, August 10th. Citigroup set a €14.00 ($16.67) price target on Schaeffler and gave the company a “neutral” rating in a research note on Friday, August 11th. Berenberg Bank set a €12.00 ($14.29) price target on Schaeffler and gave the company a “neutral” rating in a research note on Friday, August 25th. Finally, BNP Paribas set a €15.50 ($18.45) target price on Schaeffler and gave the stock a “buy” rating in a research report on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of €14.33 ($17.06).

Shares of Schaeffler (FRA SHA) opened at €14.43 ($17.17) on Monday. Schaeffler has a twelve month low of €11.30 ($13.45) and a twelve month high of €16.60 ($19.76).

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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.

Analyst Recommendations for Schaeffler (FRA:SHA)

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