Schaeffler (SHA) Given a €15.00 Price Target by Bank of America Analysts

Bank of America set a €15.00 ($18.52) target price on Schaeffler (FRA:SHA) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also recently issued reports on SHA. Warburg Research set a €18.50 ($22.84) price objective on shares of Schaeffler and gave the stock a buy rating in a research note on Friday, February 2nd. Kepler Capital Markets set a €17.50 ($21.60) price objective on shares of Schaeffler and gave the stock a buy rating in a research note on Friday, February 2nd. UBS Group set a €12.00 ($14.81) price objective on shares of Schaeffler and gave the stock a sell rating in a research note on Friday, February 2nd. Citigroup reissued a neutral rating on shares of Schaeffler in a research note on Friday, February 2nd. Finally, Nord/LB set a €13.50 ($16.67) price objective on shares of Schaeffler and gave the stock a neutral rating in a research note on Monday, February 5th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €15.43 ($19.05).

Shares of Schaeffler (SHA) opened at €12.90 ($15.92) on Wednesday. The stock has a market cap of $2,120.00 and a price-to-earnings ratio of 8.77. Schaeffler has a 52 week low of €11.30 ($13.95) and a 52 week high of €16.74 ($20.67).

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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.

Analyst Recommendations for Schaeffler (FRA:SHA)

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