Schaeffler AG (FRA:SHA) has been given a €14.00 ($16.47) price objective by analysts at Citigroup Inc. in a report released on Friday. The brokerage presently has a “neutral” rating on the stock.

SHA has been the subject of several other reports. Jefferies Group LLC set a €18.00 ($21.18) target price on Schaeffler AG and gave the company a “buy” rating in a research report on Tuesday, June 27th. Deutsche Bank AG set a €18.00 ($21.18) target price on Schaeffler AG and gave the company a “buy” rating in a research report on Monday, May 29th. Morgan Stanley set a €15.00 ($17.65) target price on Schaeffler AG and gave the company a “neutral” rating in a research report on Tuesday, July 11th. UBS AG set a €13.00 ($15.29) target price on Schaeffler AG and gave the company a “sell” rating in a research report on Tuesday, June 27th. Finally, HSBC Holdings plc set a €18.00 ($21.18) target price on Schaeffler AG and gave the company a “buy” rating in a research report on Saturday, May 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €14.48 ($17.03).

Shares of Schaeffler AG (FRA:SHA) opened at 11.502 on Friday. The firm has a market capitalization of €7.90 billion and a price-to-earnings ratio of 9.050. The company has a 50-day moving average price of €12.55 and a 200-day moving average price of €14.64. Schaeffler AG has a 12 month low of €11.49 and a 12 month high of €16.60.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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