Your location:  Home  >  Bearing News  >  World Bearing News
<<  Back

Schaeffler (SHA) Given a €12.00 Price Target by Jefferies Financial Group Analysts

Resource from:  https://www.fairfieldcurrent.com/2018/07/30/jefferies-financial-group-analysts-give-schaeffler-sha-a-12-00-price-target.html Likes:201
Jul 31,2018

Schaeffler (FRA:SHA) has been assigned a €12.00 ($14.12) price objective by research analysts at Jefferies Financial Group in a research note issued on Monday, July 16th. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 2.56% from the company’s current price.


Several other equities research analysts have also commented on SHA. Citigroup set a €14.00 ($16.47) target price on Schaeffler and gave the company a “neutral” rating in a research report on Monday, July 16th. Warburg Research set a €18.50 ($21.76) target price on Schaeffler and gave the company a “buy” rating in a research report on Wednesday, May 9th. UBS Group set a €11.50 ($13.53) target price on Schaeffler and gave the company a “neutral” rating in a research report on Tuesday, July 10th. Kepler Capital Markets set a €17.50 ($20.59) target price on Schaeffler and gave the company a “buy” rating in a research report on Wednesday, May 9th. Finally, Deutsche Bank set a €16.00 ($18.82) target price on Schaeffler and gave the company a “neutral” rating in a research report on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Schaeffler currently has a consensus rating of “Hold” and a consensus target price of €15.01 ($17.65).

Shares of Schaeffler traded up €0.05 ($0.06), reaching €11.70 ($13.76), during trading on Monday, according to Marketbeat. The company had a trading volume of 707,451 shares. Schaeffler has a 12 month low of €11.30 ($13.29) and a 12 month high of €16.74 ($19.69). 

About Schaeffler

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.

(https://www.fairfieldcurrent.com/2018/07/30/jefferies-financial-group-analysts-give-schaeffler-sha-a-12-00-price-target.html)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.