Schaeffler AG (SHA) Given a €15.40 Price Target by Goldman Sachs Group, Inc. (The) Analysts

Goldman Sachs Group, Inc. (The) set a €15.40 ($18.12) price target on Schaeffler AG (FRA:SHA) in a report published on Thursday. The brokerage currently has a buy rating on the stock.

SHA has been the subject of a number of other reports. Deutsche Bank AG restated a buy rating on shares of Schaeffler AG in a research note on Friday, September 15th. UBS AG set a €10.00 ($11.76) price target on Schaeffler AG and gave the company a sell rating in a report on Wednesday, October 11th. Jefferies Group LLC set a €12.00 ($14.12) price target on Schaeffler AG and gave the company a neutral rating in a report on Tuesday, September 12th. BNP Paribas set a €15.50 ($18.24) price target on Schaeffler AG and gave the company a buy rating in a report on Wednesday, June 28th. Finally, J P Morgan Chase & Co set a €13.50 ($15.88) price target on Schaeffler AG and gave the company a sell rating in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of €14.01 ($16.48).

Shares of Schaeffler AG (FRA:SHA) opened at 13.807 on Thursday. The firm has a market capitalization of €9.20 billion and a P/E ratio of 10.821. Schaeffler AG has a one year low of €11.30 and a one year high of €16.60. The firm has a 50-day moving average of €13.18 and a 200-day moving average of €13.57.

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