Schaeffler AG (FRA:SHA) has been assigned a €17.50 ($20.59) price target by equities researchers at Kepler Capital Markets in a research note issued on Thursday, November 9th. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective indicates a potential upside of 21.61% from the stock’s current price.
Other equities analysts also recently issued reports about the company. BNP Paribas set a €15.50 ($18.24) target price on Schaeffler AG and gave the stock a “buy” rating in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €15.50 ($18.24) price target on Schaeffler AG and gave the stock a “buy” rating in a research note on Monday, July 17th. set a €16.00 ($18.82) price target on Schaeffler AG and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Deutsche Bank AG restated a “buy” rating on shares of Schaeffler AG in a research note on Friday, September 15th. Finally, DZ Bank AG restated a “neutral” rating on shares of Schaeffler AG in a research note on Friday, September 8th. Two investment 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 currently has a consensus rating of “Hold” and a consensus price target of €14.20 ($16.71).
Shares of Schaeffler AG (FRA SHA) opened at €14.39 ($16.93) on Thursday. Schaeffler AG has a 12-month low of €11.30 ($13.29) and a 12-month high of €16.60 ($19.53).
About Schaeffler AG
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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