Schaeffler (FRA:SHA) received a €18.00 ($20.93) price objective from investment analysts at Warburg Research in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s target price indicates a potential upside of 64.08% from the company’s previous close.

SHA has been the subject of a number of other research reports. UBS Group set a €12.00 ($13.95) price target on Schaeffler and gave the company a “neutral” rating in a research note on Thursday, August 9th. equinet set a €14.30 ($16.63) price target on Schaeffler and gave the company a “buy” rating in a research note on Thursday, August 9th. Jefferies Financial Group set a €12.00 ($13.95) price target on Schaeffler and gave the company a “neutral” rating in a research note on Monday, July 16th. Morgan Stanley set a €15.00 ($17.44) price target on Schaeffler and gave the company a “neutral” rating in a research note on Thursday, July 12th. Finally, Deutsche Bank set a €16.00 ($18.60) price target on Schaeffler and gave the company a “neutral” rating in a research note on Wednesday, August 8th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. Schaeffler has a consensus rating of “Hold” and a consensus target price of €14.69 ($17.08).

SHA stock opened at €10.97 ($12.76) on Tuesday. Schaeffler has a 52 week low of €11.30 ($13.14) and a 52 week high of €16.74 ($19.47).

Schaeffler Company Profile

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.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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