Schaeffler (SHA) PT Set at €12.00 by Jefferies Financial Group

Resource from: https://pressoracle.com/2018/08/23/schaeffler-sha-given-a-12-00-price-target-at-jefferies-financial-group.html Likes:166

Aug 24,2018

Schaeffler (FRA:SHA) received a €12.00 ($13.64) price objective from investment analysts at Jefferies Financial Group in a report released on Tuesday, August 7th. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 4.99% from the company’s previous close.

SHA has been the topic of several other research reports. Goldman Sachs Group set a €15.70 ($17.84) target price on Schaeffler and gave the company a “neutral” rating in a research note on Monday, May 14th. JPMorgan Chase & Co. set a €12.60 ($14.32) target price on Schaeffler and gave the company a “sell” rating in a research note on Thursday, May 10th. Nord/LB set a €13.50 ($15.34) price target on Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, May 16th. Deutsche Bank set a €16.00 ($18.18) price target on Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, May 9th. Finally, Warburg Research set a €18.50 ($21.02) price target on Schaeffler and gave the stock a “buy” rating in a research note on Wednesday, May 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €14.79 ($16.80).

SHA stock opened at €11.43 ($12.99) on Tuesday. Schaeffler has a 1-year low of €11.30 ($12.84) and a 1-year high of €16.74 ($19.02).

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://pressoracle.com/2018/08/23/schaeffler-sha-given-a-12-00-price-target-at-jefferies-financial-group.html)

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