Schaeffler AG (FRA:SHA) has been given a €14.00 ($16.47) price objective by equities research analysts at Morgan Stanley in a report released on Monday. The firm currently 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 report on Tuesday, June 27th. J P Morgan Chase & Co set a €11.20 ($13.18) target price on Schaeffler AG and gave the company a “sell” rating in a report on Wednesday, September 13th. UBS AG set a €13.00 ($15.29) target price on Schaeffler AG and gave the company a “sell” rating in a report on Tuesday, June 27th. Nord/LB set a €13.50 ($15.88) target price on Schaeffler AG and gave the company a “neutral” rating in a report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) set a €15.50 ($18.24) target price on Schaeffler AG and gave the company a “buy” rating in a report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €14.14 ($16.64).

Schaeffler AG (FRA:SHA) opened at 13.52 on Monday. The company’s 50-day moving average price is €12.41 and its 200-day moving average price is €13.83. Schaeffler AG has a 1-year low of €11.30 and a 1-year high of €16.60. The stock has a market cap of €9.00 billion and a P/E ratio of 10.60.

TRADEMARK VIOLATION NOTICE: “Schaeffler AG (SHA) Given a €14.00 Price Target by Morgan Stanley Analysts” was posted by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/10/09/schaeffler-ag-sha-given-a-14-00-price-target-by-morgan-stanley-analysts.html.

Analyst Recommendations for Schaeffler AG (FRA:SHA)

Receive News & Ratings for Schaeffler AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schaeffler AG and related companies with MarketBeat.com's FREE daily email newsletter.