Jefferies Financial Group Analysts Give Schaeffler (SHA) a €12.00 Price Target
Schaeffler (FRA:SHA) has been given a €12.00 ($13.95) price target by analysts at Jefferies Financial Group in a report released on Monday. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 8.01% from the company’s previous close.
Several other equities analysts also recently issued reports on the stock. Citigroup set a €14.00 ($16.28) price objective on shares of Schaeffler and gave the company a “neutral” rating in a research note on Monday. Morgan Stanley set a €15.00 ($17.44) price objective on shares of Schaeffler and gave the company a “neutral” rating in a research note on Thursday. UBS Group set a €11.50 ($13.37) price objective on shares of Schaeffler and gave the company a “neutral” rating in a research note on Tuesday, July 10th. JPMorgan Chase & Co. set a €12.60 ($14.65) price objective on shares of Schaeffler and gave the company a “sell” rating in a research note on Monday, July 9th. Finally, Nord/LB set a €13.50 ($15.70) price target on shares of Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, May 16th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €15.06 ($17.52).
Shares of Schaeffler opened at €11.11 ($12.92) on Monday, according to Marketbeat Ratings. Schaeffler has a 1 year low of €11.30 ($13.14) and a 1 year high of €16.74 ($19.47).
Schaeffler Company Profile
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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