Schaeffler (FRA:SHA) has been assigned a €18.00 ($21.43) price objective by stock analysts at BNP Paribas in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. BNP Paribas’ price target points to a potential upside of 8.66% from the stock’s current price.

Several other analysts have also recently weighed in on the stock. Warburg Research set a €19.00 ($22.62) price target on shares of Schaeffler and gave the company a “buy” rating in a research note on Thursday. Citigroup set a €14.90 ($17.74) price target on shares of Schaeffler and gave the company a “neutral” rating in a research note on Monday. Morgan Stanley set a €15.50 ($18.45) price target on shares of Schaeffler and gave the company a “neutral” rating in a research note on Thursday, January 11th. JPMorgan Chase & Co. set a €13.00 ($15.48) price objective on shares of Schaeffler and gave the stock a “sell” rating in a research report on Friday, January 5th. Finally, Goldman Sachs Group set a €15.10 ($17.98) price objective on shares of Schaeffler and gave the stock a “buy” rating in a research report on Monday, December 4th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €15.11 ($17.98).

Shares of Schaeffler (FRA SHA) opened at €16.57 ($19.72) on Friday. Schaeffler has a one year low of €11.30 ($13.45) and a one year high of €16.60 ($19.76). The firm has a market cap of $2,710.00 and a P/E ratio of 11.27.

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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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