UBS AG Reiterates “€10.00” Price Target for Schaeffler AG (FRA:SHA)

UBS AG set a €10.00 ($11.76) target price on Schaeffler AG (FRA:SHA) in a report published on Monday morning, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.

Other equities analysts have also issued reports about the stock. Deutsche Bank AG set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Saturday, May 20th. Jefferies Group LLC set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Tuesday, June 27th. Goldman Sachs Group, Inc. (The) set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Tuesday, June 27th. Kepler Capital Markets set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Thursday, June 8th. Finally, HSBC Holdings plc set a €18.00 ($21.18) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Saturday, May 20th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €14.73 ($17.33).

Schaeffler AG (FRA:SHA) opened at 11.572 on Monday. The firm has a 50-day moving average of €12.64 and a 200-day moving average of €14.66. Schaeffler AG has a 52-week low of €11.55 and a 52-week high of €16.60. The firm has a market capitalization of €7.71 billion and a price-to-earnings ratio of 8.707.

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