Schaeffler AG (SHA) Given a €13.50 Price Target at Nord/LB

Nord/LB set a €13.50 ($15.70) price target on Schaeffler AG (FRA:SHA) in a research report sent to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.

Other equities analysts also recently issued reports about the stock. BNP Paribas set a €15.50 ($18.02) target price on shares of Schaeffler AG and gave the stock a buy rating in a research note on Friday, September 8th. HSBC Holdings plc set a €16.00 ($18.60) target price on shares of Schaeffler AG and gave the stock a buy rating in a research note on Wednesday, July 19th. Goldman Sachs Group, Inc. (The) set a €15.50 ($18.02) target price on shares of Schaeffler AG and gave the stock a buy rating in a research note on Monday, July 17th. Deutsche Bank AG reaffirmed a buy rating on shares of Schaeffler AG in a research note on Friday, September 15th. Finally, DZ Bank AG reaffirmed a neutral rating on shares of Schaeffler AG in a research note on Friday, September 8th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €14.05 ($16.33).

Schaeffler AG (FRA:SHA) opened at €14.51 ($16.87) on Wednesday. Schaeffler AG has a 12 month low of €11.30 ($13.14) and a 12 month high of €16.60 ($19.30).

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Schaeffler AG 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.

Analyst Recommendations for Schaeffler AG (FRA:SHA)

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