Schaeffler AG (SHA) Given a €13.50 Price Target by Nord/LB Analysts

Schaeffler AG (FRA:SHA) has been assigned a €13.50 ($15.70) price objective by analysts at Nord/LB in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Nord/LB’s price target points to a potential downside of 4.80% from the company’s previous close.

SHA has been the topic of several other reports. J P Morgan Chase & Co set a €11.20 ($13.02) target price on Schaeffler AG and gave the company a “sell” rating in a research note on Wednesday, September 13th. Morgan Stanley set a €15.00 ($17.44) price target on Schaeffler AG and gave the stock a “neutral” rating in a research note on Tuesday, July 11th. Oddo Bhf set a €14.00 ($16.28) price target on Schaeffler AG and gave the stock a “neutral” rating in a research note on Tuesday. DZ Bank AG reaffirmed a “neutral” rating on shares of Schaeffler AG in a research note on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) set a €15.40 ($17.91) price target on Schaeffler AG and gave the stock a “buy” rating in a research note on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €14.01 ($16.29).

Schaeffler AG (SHA) opened at €14.18 ($16.49) on Wednesday. Schaeffler AG has a 12 month low of €11.30 ($13.14) and a 12 month high of €16.60 ($19.30).

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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