Schaeffler (FRA:SHA) PT Set at €14.30 by equinet
Equinet set a €14.30 ($17.02) price objective on Schaeffler (FRA:SHA) in a report released on Friday, April 27th. The brokerage currently has a buy rating on the stock.
Other research analysts have also issued research reports about the stock. DZ Bank reiterated a neutral rating on shares of Schaeffler in a report on Tuesday, January 23rd. UBS set a €12.00 ($14.29) target price on shares of Schaeffler and gave the company a sell rating in a research report on Wednesday, April 4th. Morgan Stanley set a €15.00 ($17.86) target price on shares of Schaeffler and gave the company a neutral rating in a research report on Thursday, March 8th. Kepler Capital Markets set a €16.50 ($19.64) price objective on shares of Schaeffler and gave the stock a buy rating in a research report on Monday, February 12th. Finally, Deutsche Bank reaffirmed a neutral rating on shares of Schaeffler in a research report on Tuesday, March 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €15.40 ($18.33).
SHA traded up €0.18 ($0.21) on Friday, hitting €13.49 ($16.06). 2,940,365 shares of the stock were exchanged. Schaeffler has a 12 month low of €11.30 ($13.45) and a 12 month high of €16.74 ($19.93).
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