Goldman Sachs Group, Inc. (The) set a €15.40 ($17.91) price objective on Schaeffler AG (FRA:SHA) in a research note published on Thursday. The firm currently has a buy rating on the stock.

Other analysts have also recently issued reports about the company. Morgan Stanley set a €14.00 ($16.28) price target on Schaeffler AG and gave the company a neutral rating in a research report on Friday, July 21st. J P Morgan Chase & Co set a €11.20 ($13.02) price target on Schaeffler AG and gave the company a sell rating in a research report on Thursday, August 10th. Citigroup Inc. set a €14.00 ($16.28) price target on Schaeffler AG and gave the company a neutral rating in a research report on Friday, August 11th. Nord/LB set a €13.50 ($15.70) price target on Schaeffler AG and gave the company a neutral rating in a research report on Tuesday, July 18th. Finally, UBS AG set a €10.00 ($11.63) price target on Schaeffler AG and gave the company a sell rating in a research report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €14.05 ($16.33).

Shares of Schaeffler AG (SHA) opened at €14.09 ($16.38) on Thursday. Schaeffler AG has a 1 year low of €11.30 ($13.14) and a 1 year high of €16.60 ($19.30).

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About Schaeffler AG

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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