Schaeffler AG (FRA:SHA) has been given a €11.20 ($13.18) target price by research analysts at J P Morgan Chase & Co in a report issued on Thursday. The firm presently has a “sell” rating on the stock.

A number of other research analysts have also recently commented on the stock. UBS AG set a €10.00 ($11.76) price target on shares of Schaeffler AG and gave the stock a “sell” rating in a research note on Monday. Morgan Stanley set a €14.00 ($16.47) price target on shares of Schaeffler AG and gave the stock a “neutral” rating in a research note on Friday, July 21st. BNP Paribas set a €15.50 ($18.24) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research note on Wednesday, July 19th. HSBC Holdings plc set a €16.00 ($18.82) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Finally, Nord/LB set a €13.50 ($15.88) price target on shares of Schaeffler AG and gave the stock a “neutral” rating in a research note on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €14.52 ($17.08).

Schaeffler AG (FRA:SHA) opened at 11.572 on Thursday. Schaeffler AG has a 12-month low of €11.55 and a 12-month high of €16.60. The company has a market capitalization of €7.71 billion and a price-to-earnings ratio of 8.707. The stock’s 50 day moving average price is €12.64 and its 200 day moving average price is €14.66.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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