A number of other analysts have also recently issued reports on the company. Goldman Sachs Group set a €15.10 ($17.98) target price on Schaeffler and gave the stock a buy rating in a research note on Monday, December 4th. Deutsche Bank reissued a buy rating on shares of Schaeffler in a research note on Friday, September 15th. Jefferies Group set a €14.00 ($16.67) target price on Schaeffler and gave the stock a neutral rating in a research note on Thursday, November 30th. UBS Group set a €10.00 ($11.90) target price on Schaeffler and gave the stock a sell rating in a research note on Wednesday, November 8th. Finally, JPMorgan Chase & Co. set a €11.20 ($13.33) target price on Schaeffler and gave the stock a sell rating in a research note on Wednesday, September 13th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €14.58 ($17.36).
Shares of Schaeffler (FRA:SHA) opened at €15.31 ($18.22) on Thursday. Schaeffler has a 52 week low of €11.30 ($13.45) and a 52 week high of €16.60 ($19.76). The stock has a market capitalization of $2,540.00 and a P/E ratio of 10.41.
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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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