Schaeffler (SHA) Receives Buy Rating from DZ Bank

DZ Bank reaffirmed their buy rating on shares of Schaeffler (FRA:SHA) in a research note released on Friday.

Other equities research analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €15.10 ($18.64) price target on shares of Schaeffler and gave the stock a buy rating in a research report on Monday, December 4th. Kepler Capital Markets set a €17.50 ($21.60) price target on shares of Schaeffler and gave the stock a buy rating in a research report on Thursday, November 9th. Deutsche Bank set a €17.00 ($20.99) price target on shares of Schaeffler and gave the stock a buy rating in a research report on Thursday, November 9th. Warburg Research set a €19.00 ($23.46) price target on shares of Schaeffler and gave the stock a buy rating in a research report on Thursday, January 18th. Finally, BNP Paribas set a €18.00 ($22.22) price target on shares of Schaeffler and gave the stock a buy rating in a research report on Friday, January 19th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of €15.36 ($18.96).

Shares of Schaeffler (SHA) traded down €0.02 ($0.02) on Friday, reaching €13.09 ($16.16). 1,001,525 shares of the company traded hands. Schaeffler has a 12 month low of €11.30 ($13.95) and a 12 month high of €16.74 ($20.67). The company has a market capitalization of $2,170.00 and a PE ratio of 8.90.

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Schaeffler 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 (FRA:SHA)

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