Schaeffler AG (SHA) Receives Consensus Rating of “Hold” from Analysts

Schaeffler AG (FRA:SHA) has received an average recommendation of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is €15.06 ($18.37). 

Several brokerages have issued reports on SHA. UBS set a €12.00 ($14.63) price objective on shares of Schaeffler and gave the stock a “sell” rating in a research report on Thursday, March 29th. JPMorgan Chase set a €12.60 ($15.37) target price on shares of Schaeffler and gave the stock a “sell” rating in a report on Tuesday, April 10th. Kepler Capital Markets set a €17.50 ($21.34) target price on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, February 2nd. Oddo Bhf set a €15.50 ($18.90) target price on shares of Schaeffler and gave the stock a “buy” rating in a report on Wednesday, February 7th. Finally, Goldman Sachs set a €16.50 ($20.12) target price on shares of Schaeffler and gave the stock a “neutral” rating in a report on Thursday, February 1st.

Shares of SHA stock opened at €12.38 ($15.09) on Wednesday. Schaeffler has a 12-month low of €11.30 ($13.78) and a 12-month high of €16.74 ($20.41).