Schaeffler AG (SHA) Given Consensus Rating of “Hold” by Analysts

Shares of Schaeffler AG (FRA:SHA) have been assigned an average recommendation of “Hold” from the nineteen analysts that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is €10.11 ($11.76).

Several equities analysts recently weighed in on the company. Warburg Research set a €16.00 ($18.60) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 1st. Kepler Capital Markets set a €15.50 ($18.02) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 8th. Credit Suisse Group set a €14.50 ($16.86) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 8th. DZ Bank reiterated a “buy” rating on shares of Schaeffler in a research report on Wednesday, October 31st. Finally, equinet set a €13.20 ($15.35) target price on Schaeffler and gave the stock a “buy” rating in a research report on Monday, October 29th.

Shares of SHA traded down €0.02 ($0.02) during trading hours on Tuesday, reaching €7.77 ($9.04). 844,939 shares of the company traded hands. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47).