Schaeffler (FRA:SHA) received a €16.50 ($20.37) target price from Kepler Capital Markets in a report released on Monday. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price indicates a potential upside of 27.66% from the stock’s previous close.
A number of other equities analysts have also issued reports on SHA. Bank of America set a €15.00 ($18.52) target price on shares of Schaeffler and gave the stock a “neutral” rating in a research report on Wednesday, February 7th. Oddo Bhf set a €15.50 ($19.14) price target on Schaeffler and gave the stock a “buy” rating in a report on Wednesday, February 7th. Warburg Research set a €18.50 ($22.84) price target on Schaeffler and gave the stock a “buy” rating in a report on Friday, February 2nd. UBS Group set a €12.00 ($14.81) price target on Schaeffler and gave the stock a “sell” rating in a report on Friday, February 2nd. Finally, Citigroup reaffirmed a “neutral” rating on shares of Schaeffler in a report on Friday, February 2nd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. Schaeffler has a consensus rating of “Hold” and an average price target of €15.36 ($18.96).
Schaeffler (SHA) opened at €12.93 ($15.96) on Monday. The stock has a market cap of $2,120.00 and a P/E ratio of 8.79. Schaeffler has a 1 year low of €11.30 ($13.95) and a 1 year high of €16.74 ($20.67).
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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