Kepler Capital Markets set a €17.50 ($20.35) target price on Schaeffler AG (FRA:SHA) in a report issued on Thursday. The firm currently has a buy rating on the stock.

Several other research analysts have also commented on SHA. Nord/LB set a €13.50 ($15.70) price target on shares of Schaeffler AG and gave the company a neutral rating in a report on Wednesday, November 8th. Oddo Bhf set a €14.00 ($16.28) price target on shares of Schaeffler AG and gave the company a neutral rating in a report on Tuesday, November 7th. J P Morgan Chase & Co set a €11.20 ($13.02) price target on shares of Schaeffler AG and gave the company a sell rating in a report on Wednesday, November 8th. Goldman Sachs Group, Inc. (The) set a €15.40 ($17.91) price target on shares of Schaeffler AG and gave the company a buy rating in a report on Thursday. Finally, Deutsche Bank AG set a €17.00 ($19.77) price target on shares of Schaeffler AG and gave the company a buy rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of €14.05 ($16.33).

Schaeffler AG (FRA SHA) opened at €14.09 ($16.38) on Thursday. Schaeffler AG has a 1-year low of €11.30 ($13.14) and a 1-year high of €16.60 ($19.30).

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Schaeffler AG 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 AG (FRA:SHA)

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