Warburg Research Analysts Give Schaeffler (FRA:SHA) a €12.00 Price Target

Schaeffler (FRA:SHA) has been given a €12.00 ($13.95) target price by Warburg Research in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price target would suggest a potential upside of 25.13% from the stock’s previous close.

Several other equities analysts have also commented on SHA. DZ Bank restated a “neutral” rating on shares of Schaeffler in a report on Tuesday. Pareto Securities set a €8.40 ($9.77) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a report on Friday, October 18th. UBS Group restated a “sell” rating and issued a price objective on shares of Schaeffler in a report on Monday. Morgan Stanley set a €9.00 ($10.47) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a report on Friday, September 13th. Finally, Jefferies Financial Group set a €7.00 ($8.14) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €8.38 ($9.75).

Shares of SHA stock opened at €9.59 ($11.15) on Wednesday. The firm’s 50 day moving average price is €7.54 and its 200-day moving average price is €6.93. Schaeffler has a one year low of €11.30 ($13.14) and a one year high of €16.74 ($19.47).

Schaeffler 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.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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