Goldman Sachs Group, Inc. (The) Reiterates €15.40 Price Target for Schaeffler AG (SHA)

Goldman Sachs Group, Inc. (The) set a €15.40 ($18.12) price objective on Schaeffler AG (FRA:SHA) in a report published on Thursday. The brokerage currently has a buy rating on the stock.

Other analysts have also recently issued reports about the company. J P Morgan Chase & Co set a €11.20 ($13.18) price objective on Schaeffler AG and gave the company a sell rating in a research report on Thursday, August 10th. Morgan Stanley set a €14.00 ($16.47) price objective on Schaeffler AG and gave the company a neutral rating in a research report on Friday, July 21st. Citigroup Inc. set a €14.00 ($16.47) price objective on Schaeffler AG and gave the company a neutral rating in a research report on Friday, August 11th. Nord/LB set a €13.50 ($15.88) price objective on Schaeffler AG and gave the company a neutral rating in a research report on Tuesday, July 18th. Finally, BNP Paribas set a €15.50 ($18.24) target price on shares of Schaeffler AG and gave the company a buy rating in a report on Wednesday, July 19th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The stock has an average rating of Hold and an average target price of €14.01 ($16.48).

Schaeffler AG (SHA) opened at 13.533 on Thursday. The company’s 50-day moving average price is €13.18 and its 200-day moving average price is €13.57. The firm has a market capitalization of €9.01 billion and a P/E ratio of 10.606. Schaeffler AG has a 1-year low of €11.30 and a 1-year high of €16.60.

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