Morgan Stanley set a €15.50 ($18.45) price target on Schaeffler (FRA:SHA) in a report issued on Thursday. The brokerage currently has a neutral rating on the stock.

SHA has been the topic of several other research reports. JPMorgan Chase & Co. set a €11.20 ($13.33) price target on shares of Schaeffler and gave the stock a sell rating in a research note on Wednesday, September 13th. Oddo Bhf set a €14.00 ($16.67) price target on shares of Schaeffler and gave the stock a neutral rating in a research note on Tuesday, November 7th. Jefferies Group set a €14.00 ($16.67) price target on shares of Schaeffler and gave the stock a neutral rating in a research note on Thursday, November 30th. Goldman Sachs Group set a €15.40 ($18.33) price target on shares of Schaeffler and gave the stock a buy rating in a research note on Thursday, October 26th. Finally, BNP Paribas set a €16.00 ($19.05) price target on shares of Schaeffler and gave the stock a buy rating in a research note on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €14.58 ($17.36).

Schaeffler (SHA) traded down €0.12 ($0.14) during mid-day trading on Thursday, reaching €15.31 ($18.22). 633,376 shares of the company traded hands. The stock has a market cap of $2,540.00 and a P/E ratio of 10.41. 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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