Schaeffler (SHA) Given a €8.00 Price Target at Berenberg Bank

Berenberg Bank set a €8.00 ($9.30) price objective on Schaeffler (FRA:SHA) in a research note released on Monday. The firm currently has a neutral rating on the stock.

SHA has been the subject of a number of other research reports. Kepler Capital Markets set a €11.50 ($13.37) price target on Schaeffler and gave the company a buy rating in a research report on Friday, January 11th. DZ Bank reiterated a buy rating on shares of Schaeffler in a research report on Thursday, December 27th. UBS Group set a €10.00 ($11.63) price target on Schaeffler and gave the company a sell rating in a research report on Wednesday, October 31st. Sanford C. Bernstein set a €9.00 ($10.47) price target on Schaeffler and gave the company a neutral rating in a research report on Wednesday, December 19th. Finally, Deutsche Bank set a €11.00 ($12.79) price target on Schaeffler and gave the company a neutral rating in a research report on Thursday, November 8th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company. Schaeffler presently has a consensus rating of Hold and an average target price of €10.11 ($11.76).

FRA:SHA opened at €7.79 ($9.06) on Monday. Schaeffler has a 1-year low of €11.30 ($13.14) and a 1-year high of €16.74 ($19.47).

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.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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