Deutsche Bank AG set a €17.00 ($19.77) target price on Schaeffler AG (FRA:SHA) in a report issued on Thursday morning. The brokerage currently has a buy rating on the stock.
Several other research analysts have also weighed in on SHA. Jefferies Group LLC set a €12.00 ($13.95) price objective on Schaeffler AG and gave the stock a neutral rating in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a €15.50 ($18.02) price objective on Schaeffler AG and gave the stock a buy rating in a research report on Monday, July 17th. Nord/LB set a €13.50 ($15.70) price objective on Schaeffler AG and gave the stock a neutral rating in a research report on Tuesday, July 18th. HSBC Holdings plc set a €16.00 ($18.60) price objective on Schaeffler AG and gave the stock a buy rating in a research report on Wednesday, July 19th. Finally, BNP Paribas set a €15.50 ($18.02) price objective on Schaeffler AG and gave the stock a buy rating in a research report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of €14.05 ($16.33).
Schaeffler AG (SHA) opened at €14.51 ($16.87) on Thursday. Schaeffler AG has a 52-week low of €11.30 ($13.14) and a 52-week high of €16.60 ($19.30).
COPYRIGHT VIOLATION WARNING: This story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/11/12/deutsche-bank-ag-analysts-give-schaeffler-ag-sha-a-17-00-price-target.html.
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.
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.