JPMorgan Chase Reiterates “€12.60” Price Target for Schaeffler (SHA)
JPMorgan Chase set a €12.60 ($15.56) target price on Schaeffler (FRA:SHA) in a research report sent to investors on Tuesday, April 10th. The firm currently has a sell rating on the stock.
Several other equities research analysts have also recently weighed in on the company. UBS set a €12.00 ($14.81) price target on Schaeffler and gave the company a sell rating in a research note on Wednesday, April 4th. equinet set a €14.30 ($17.65) target price on Schaeffler and gave the stock a buy rating in a research note on Tuesday, March 27th. Nord/LB set a €13.50 ($16.67) target price on Schaeffler and gave the stock a neutral rating in a research note on Monday, March 19th. Deutsche Bank reaffirmed a neutral rating on shares of Schaeffler in a research note on Tuesday, March 13th. Finally, DZ Bank reaffirmed a buy rating on shares of Schaeffler in a research note on Friday, March 9th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €15.11 ($18.66).
Schaeffler stock traded up €0.21 ($0.26) during trading on Tuesday, reaching €13.12 ($16.20). The company had a trading volume of 287,563 shares. Schaeffler has a 12-month low of €11.30 ($13.95) and a 12-month high of €16.74 ($20.67).
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