Schaeffler (FRA:SHA) received a €15.50 ($19.14) price target from research analysts at Jefferies Group in a report issued on Wednesday, March 7th. The brokerage presently has a “neutral” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 18.73% from the stock’s previous close.

Several other research firms also recently issued reports on SHA. DZ Bank restated a “neutral” rating on shares of Schaeffler in a report on Tuesday, January 23rd. UBS Group set a €10.00 ($12.35) target price on shares of Schaeffler and gave the company a “sell” rating in a research report on Wednesday, November 8th. Deutsche Bank set a €17.00 ($20.99) target price on shares of Schaeffler and gave the company a “buy” rating in a research report on Thursday, November 9th. Nord/LB set a €13.50 ($16.67) target price on shares of Schaeffler and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, Goldman Sachs Group set a €15.10 ($18.64) target price on shares of Schaeffler and gave the company a “buy” rating in a research report on Monday, December 4th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. Schaeffler has an average rating of “Hold” and an average target price of €15.19 ($18.76).

Schaeffler (SHA) opened at €13.06 ($16.12) on Wednesday. Schaeffler has a twelve month low of €11.30 ($13.95) and a twelve month high of €16.74 ($20.67). The stock has a market cap of $2,160.00 and a PE ratio of 8.88. 

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.