Schaeffler (SHA) PT Set at €13.00 by UBS Group

Schaeffler (FRA:SHA) has been given a €13.00 ($15.48) price objective by equities research analysts at UBS Group in a research report issued on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “sell” rating on the stock. UBS Group’s price objective suggests a potential downside of 20.39% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. DZ Bank reiterated a “neutral” rating on shares of Schaeffler in a research note on Tuesday. Deutsche Bank set a €18.00 ($21.43) price target on Schaeffler and gave the company a “buy” rating in a research note on Tuesday. BNP Paribas set a €18.00 ($21.43) price target on Schaeffler and gave the company a “buy” rating in a research note on Friday. Warburg Research set a €19.00 ($22.62) price target on Schaeffler and gave the company a “buy” rating in a research note on Thursday, January 18th. Finally, Citigroup set a €14.90 ($17.74) price target on Schaeffler and gave the company a “neutral” rating in a research note on Monday, January 15th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. Schaeffler has an average rating of “Hold” and a consensus target price of €15.25 ($18.15).

Shares of Schaeffler (SHA) traded down €0.25 ($0.30) on Tuesday, hitting €16.33 ($19.44). The stock had a trading volume of 902,899 shares. Schaeffler has a one year low of €11.30 ($13.45) and a one year high of €16.74 ($19.93). The company has a market cap of $2,720.00 and a price-to-earnings ratio of 11.11.

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About Schaeffler

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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