Warburg Research Reiterates “€19.00” Price Target for Schaeffler (SHA)

Schaeffler (FRA:SHA) received a €19.00 ($22.62) price target from Warburg Research in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 17.21% from the stock’s current price.

Several other research firms have also issued reports on SHA. Morgan Stanley set a €15.50 ($18.45) price target on Schaeffler and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Citigroup set a €14.90 ($17.74) price target on Schaeffler and gave the stock a “neutral” rating in a research report on Monday. BNP Paribas set a €16.00 ($19.05) price target on Schaeffler and gave the stock a “buy” rating in a research report on Monday, October 16th. Nord/LB set a €13.50 ($16.07) price target on Schaeffler and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Finally, UBS Group set a €10.00 ($11.90) price target on Schaeffler and gave the stock a “sell” rating in a research report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. Schaeffler presently has an average rating of “Hold” and a consensus target price of €14.96 ($17.81).

Shares of Schaeffler (SHA) opened at €16.21 ($19.30) on Thursday. The company has a market capitalization of $2,660.00 and a price-to-earnings ratio of 11.03. Schaeffler has a 52 week low of €11.30 ($13.45) and a 52 week high of €16.60 ($19.76).

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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.

Analyst Recommendations for Schaeffler (FRA:SHA)

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