Schaeffler AG (SHA) Earns Buy Rating from Deutsche Bank AG

Deutsche Bank AG reissued their buy rating on shares of Schaeffler AG (FRA:SHA) in a research note released on Friday.

Other research analysts also recently issued research reports about the company. UBS AG set a €13.00 ($15.48) price objective on Schaeffler AG and gave the stock a sell rating in a report on Tuesday, June 27th. Morgan Stanley set a €14.00 ($16.67) price objective on Schaeffler AG and gave the stock a neutral rating in a report on Friday, July 21st. J P Morgan Chase & Co set a €11.20 ($13.33) price objective on Schaeffler AG and gave the stock a sell rating in a report on Thursday, August 10th. Kepler Capital Markets set a €18.00 ($21.43) price objective on Schaeffler AG and gave the stock a buy rating in a report on Thursday, June 8th. Finally, Nord/LB set a €13.50 ($16.07) target price on shares of Schaeffler AG and gave the company a neutral rating in a research report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. Schaeffler AG has a consensus rating of Hold and an average price target of €14.14 ($16.84).

Schaeffler AG (SHA) opened at 12.399 on Friday. The stock’s 50 day moving average price is €11.96 and its 200 day moving average price is €14.06. The firm has a market capitalization of €8.26 billion and a PE ratio of 9.717. Schaeffler AG has a 12 month low of €11.30 and a 12 month high of €16.60.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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