UBS AG set a €12.00 ($13.95) price objective on Schaeffler AG (FRA:SHA) in a report issued on Tuesday morning, www.boersen-zeitung.de reports. The brokerage currently has a sell rating on the stock.

Several other equities research analysts also recently issued reports on SHA. Goldman Sachs Group, Inc. (The) set a €15.50 ($18.02) price objective on Schaeffler AG and gave the company a buy rating in a report on Monday, July 17th. Nord/LB set a €13.50 ($15.70) price objective on Schaeffler AG and gave the company a neutral rating in a report on Tuesday, July 18th. set a €16.00 ($18.60) price objective on Schaeffler AG and gave the company a buy rating in a report on Wednesday, July 19th. BNP Paribas set a €15.50 ($18.02) price objective on Schaeffler AG and gave the company a buy rating in a report on Wednesday, July 19th. Finally, Morgan Stanley set a €14.00 ($16.28) price objective on Schaeffler AG and gave the company a neutral rating in a report on Friday, July 21st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of €14.20 ($16.51).

Schaeffler AG (FRA:SHA) opened at €14.02 ($16.30) on Tuesday. Schaeffler AG has a 12 month low of €11.30 ($13.14) and a 12 month high of €16.60 ($19.30).

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About Schaeffler AG

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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