Schaeffler (SHA) Given Buy Rating at DZ Bank

Schaeffler (FRA:SHA)‘s stock had its “buy” rating reissued by investment analysts at DZ Bank in a research report issued on Tuesday.

A number of other brokerages also recently weighed in on SHA. Morgan Stanley set a €15.00 ($17.44) price target on shares of Schaeffler and gave the company a “neutral” rating in a research report on Tuesday, June 26th. Warburg Research set a €18.00 ($20.93) price target on shares of Schaeffler and gave the company a “buy” rating in a research report on Tuesday. Citigroup set a €14.00 ($16.28) price target on shares of Schaeffler and gave the company a “neutral” rating in a research report on Monday, July 16th. Kepler Capital Markets set a €17.50 ($20.35) price target on shares of Schaeffler and gave the company a “buy” rating in a research report on Tuesday, August 7th. Finally, UBS Group set a €12.00 ($13.95) price target on shares of Schaeffler and gave the company a “neutral” rating in a research report on Friday, August 24th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. Schaeffler currently has a consensus rating of “Hold” and a consensus price target of €14.69 ($17.08).

Shares of FRA:SHA opened at €10.97 ($12.76) on Tuesday. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47).

About Schaeffler

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.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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