Schaeffler (FRA:SHA) PT Set at €7.20 by UBS Group

UBS Group set a €7.20 ($7.58) price objective on Schaeffler (FRA:SHAGet Rating) in a report issued on Tuesday morning, Borsen Zeitung reports.

A number of other equities analysts have also issued reports on SHA. Deutsche Bank Aktiengesellschaft set a €9.00 ($9.47) price target on shares of Schaeffler in a research report on Wednesday, March 9th. Jefferies Financial Group set a €6.00 ($6.32) price target on shares of Schaeffler in a research report on Thursday, April 7th. Credit Suisse Group set a €6.00 ($6.32) price target on shares of Schaeffler in a research report on Wednesday, April 20th. Berenberg Bank set a €8.80 ($9.26) price target on shares of Schaeffler in a research report on Wednesday, January 26th. Finally, JPMorgan Chase & Co. set a €8.00 ($8.42) price target on shares of Schaeffler in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Schaeffler presently has a consensus rating of Hold and an average price target of €7.36 ($7.75).

FRA:SHA opened at €5.53 ($5.82) on Tuesday. Schaeffler has a fifty-two week low of €11.30 ($11.89) and a fifty-two week high of €16.74 ($17.62). The company’s 50-day simple moving average is €5.48 and its 200-day simple moving average is €6.51.

Schaeffler Company Profile (Get Rating)

Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive OEM division offers engine systems, including rolling bearing solutions, belt and chain drive products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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