Nord/LB set a €13.50 ($15.70) price objective on Schaeffler AG (FRA:SHA) in a report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts also recently commented on the company. J P Morgan Chase & Co set a €11.20 ($13.02) price objective on Schaeffler AG and gave the company a sell rating in a research report on Wednesday. Oddo Bhf set a €14.00 ($16.28) price target on Schaeffler AG and gave the company a neutral rating in a research report on Tuesday. Goldman Sachs Group, Inc. (The) set a €15.40 ($17.91) price target on Schaeffler AG and gave the company a buy rating in a research report on Thursday, October 26th. Deutsche Bank AG set a €16.00 ($18.60) price target on Schaeffler AG and gave the company a buy rating in a research report on Monday, October 23rd. Finally, BNP Paribas set a €16.00 ($18.60) price target on Schaeffler AG and gave the company a buy rating in a research report 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 issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of €14.05 ($16.33).

Shares of Schaeffler AG (FRA:SHA) traded down €0.33 ($0.38) during trading hours on Wednesday, hitting €14.51 ($16.87). The stock had a trading volume of 4,588,069 shares. Schaeffler AG has a twelve month low of €11.30 ($13.14) and a twelve month high of €16.60 ($19.30).

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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