Schaeffler (SHA) PT Set at €12.60 by JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €12.60 ($14.65) price target on Schaeffler (FRA:SHA) in a report published on Thursday, May 10th. The firm currently has a sell rating on the stock.
Other equities analysts have also issued research reports about the company. UBS Group set a €12.00 ($13.95) target price on Schaeffler and gave the company a sell rating in a research note on Monday, March 12th. DZ Bank reiterated a buy rating on shares of Schaeffler in a research note on Friday, March 9th. Kepler Capital Markets set a €16.50 ($19.19) price target on Schaeffler and gave the stock a buy rating in a report on Monday, February 12th. Morgan Stanley set a €15.50 ($18.02) price target on Schaeffler and gave the stock a neutral rating in a report on Thursday, January 11th. Finally, Deutsche Bank set a €18.00 ($20.93) price target on Schaeffler and gave the stock a buy rating in a report on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company’s stock. Schaeffler presently has an average rating of Hold and a consensus target price of €15.35 ($17.85).Shares of FRA:SHA traded up €12.90 ($15.00) on Thursday, hitting €12.91 ($15.01). 919,211 shares of the company’s stock were exchanged. Schaeffler has a 12 month low of €11.30 ($13.14) and a 12 month high of €16.74 ($19.47).
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