Schaeffler AG (FRA:SHA) received a €12.00 ($14.29) price objective from analysts at Jefferies Group LLC in a report issued on Tuesday. The brokerage currently has a “neutral” rating on the stock.
Other equities analysts have also recently issued research reports about the stock. UBS AG set a €13.00 ($15.48) price target on shares of Schaeffler AG and gave the stock a “sell” rating in a research report on Wednesday, May 31st. Deutsche Bank AG set a €18.00 ($21.43) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research report on Monday, May 29th. Morgan Stanley set a €14.00 ($16.67) target price on shares of Schaeffler AG and gave the stock a “neutral” rating in a report on Friday, July 21st. J P Morgan Chase & Co set a €11.20 ($13.33) target price on shares of Schaeffler AG and gave the stock a “sell” rating in a report on Thursday, August 10th. Finally, Kepler Capital Markets set a €18.00 ($21.43) target price on shares of Schaeffler AG and gave the stock a “buy” rating in a report on Thursday, June 8th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the company’s stock. Schaeffler AG presently has an average rating of “Hold” and an average target price of €14.14 ($16.84).
Shares of Schaeffler AG (FRA SHA) opened at 12.30 on Tuesday. The stock has a market capitalization of €8.19 billion and a P/E ratio of 9.64. The stock has a 50 day moving average price of €11.94 and a 200 day moving average price of €14.12. Schaeffler AG has a 12-month low of €11.30 and a 12-month high of €16.60.
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