Schaeffler (FRA:SHA) has been given a €17.50 ($19.89) target price by investment analysts at Kepler Capital Markets in a research report issued on Tuesday, August 7th. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ target price would indicate a potential upside of 48.49% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. JPMorgan Chase & Co. set a €12.60 ($14.32) price target on Schaeffler and gave the stock a “sell” rating in a report on Tuesday, April 10th. Credit Suisse Group set a €19.00 ($21.59) price target on Schaeffler and gave the stock a “buy” rating in a report on Wednesday, May 9th. equinet set a €14.30 ($16.25) price objective on Schaeffler and gave the stock a “buy” rating in a research report on Friday, April 27th. UBS Group set a €12.00 ($13.64) price objective on Schaeffler and gave the stock a “sell” rating in a research report on Monday, April 16th. Finally, Deutsche Bank set a €16.00 ($18.18) price objective on Schaeffler and gave the stock a “neutral” rating in a research report on Wednesday, May 9th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €14.79 ($16.80).

Shares of Schaeffler stock opened at €11.79 ($13.39) on Tuesday. Schaeffler has a 1 year low of €11.30 ($12.84) and a 1 year high of €16.74 ($19.02).

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.