Equinet Analysts Give Schaeffler (FRA:SHA) a €14.30 Price Target
Schaeffler (FRA:SHA) received a €14.30 ($16.63) price target from equities research analysts at equinet in a report issued on Tuesday, May 8th. The brokerage currently has a “buy” rating on the stock. equinet’s price objective points to a potential upside of 10.81% from the stock’s previous close.
Several other equities analysts also recently issued reports on SHA. DZ Bank reissued a “neutral” rating on shares of Schaeffler in a report on Tuesday, January 23rd. Warburg Research set a €18.50 ($21.51) price target on shares of Schaeffler and gave the company a “buy” rating in a report on Friday, February 2nd. Kepler Capital Markets set a €17.50 ($20.35) price objective on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, February 2nd. Nord/LB set a €13.50 ($15.70) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a report on Monday, February 5th. Finally, Bank of America set a €15.00 ($17.44) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a report on Wednesday, February 7th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. Schaeffler has an average rating of “Hold” and a consensus price target of €15.35 ($17.85).
SHA stock traded up €12.90 ($15.00) during trading on Tuesday, hitting €12.91 ($15.01). 919,211 shares of the company’s stock traded hands. Schaeffler has a 52 week low of €11.30 ($13.14) and a 52 week high of €16.74 ($19.47).
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