Schaeffler (SHA) Given a €18.00 Price Target at Warburg Research

Warburg Research set a €18.00 ($20.93) target price on Schaeffler (FRA:SHA) in a report published on Tuesday morning. The brokerage currently has a buy rating on the stock.

Several other research firms also recently commented on SHA. equinet set a €14.30 ($16.63) price objective on shares of Schaeffler and gave the company a buy rating in a report on Thursday, August 9th. Oddo Bhf set a €15.50 ($18.02) price objective on shares of Schaeffler and gave the company a buy rating in a report on Thursday, August 9th. UBS Group set a €12.00 ($13.95) price objective on shares of Schaeffler and gave the company a neutral rating in a report on Thursday, August 9th. Morgan Stanley set a €14.00 ($16.28) price objective on shares of Schaeffler and gave the company a neutral rating in a report on Friday, August 10th. Finally, Deutsche Bank set a €16.00 ($18.60) price objective on shares of Schaeffler and gave the company a neutral rating in a report on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of €14.69 ($17.08).

FRA SHA opened at €10.95 ($12.73) on Tuesday. Schaeffler has a 1 year low of €11.30 ($13.14) and a 1 year high of €16.74 ($19.47).

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.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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