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Schaeffler (SHA) Given a €12.00 Price Target by Jefferies Financial Group Analysts

31 Jul,2018

Schaeffler (FRA:SHA) has been assigned a €12.00 ($14.12) price objective by research analysts at Jefferies Financial Group in a research note issued on Monday, July 16th. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 2.56% from the company’s current price.


Several other equities research analysts have also commented on SHA. Citigroup set a €14.00 ($16.47) target price on Schaeffler and gave the company a “neutral” rating in a research report on Monday, July 16th. Warburg Research set a €18.50 ($21.76) target price on Schaeffler and gave the company a “buy” rating in a research report on Wednesday, May 9th. UBS Group set a €11.50 ($13.53) target price on Schaeffler and gave the company a “neutral” rating in a research report on Tuesday, July 10th. Kepler Capital Markets set a €17.50 ($20.59) target price on Schaeffler and gave the company a “buy” rating in a research report on Wednesday, May 9th. Finally, Deutsche Bank set a €16.00 ($18.82) target price on Schaeffler and gave the company a “neutral” rating in a research report on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Schaeffler currently has a consensus rating of “Hold” and a consensus target price of €15.01 ($17.65).

Shares of Schaeffler traded up €0.05 ($0.06), reaching €11.70 ($13.76), during trading on Monday, according to Marketbeat. The company had a trading volume of 707,451 shares. Schaeffler has a 12 month low of €11.30 ($13.29) and a 12 month high of €16.74 ($19.69). 

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.