Schaeffler (SHA) PT Set at €17.50 by Kepler Capital Markets

01 Jun,2018

Schaeffler (FRA:SHA) has been given a €17.50 ($20.35) price objective by equities researchers at Kepler Capital Markets in a research note issued on Wednesday, May 9th. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 36.29% from the stock’s previous close.

SHA has been the topic of a number of other reports. Morgan Stanley set a €15.50 ($18.02) price objective on Schaeffler and gave the company a “neutral” rating in a research report on Thursday, January 11th. Citigroup set a €14.90 ($17.33) price objective on Schaeffler and gave the company a “neutral” rating in a research report on Monday, January 15th. DZ Bank restated a “neutral” rating on shares of Schaeffler in a research report on Tuesday, January 23rd. Warburg Research set a €19.00 ($22.09) price target on Schaeffler and gave the company a “buy” rating in a research report on Thursday, January 18th. Finally, UBS Group set a €12.00 ($13.95) price target on Schaeffler and gave the company a “sell” rating in a research report on Monday, March 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €15.35 ($17.85).


Shares of Schaeffler traded up €0.14 ($0.16), reaching €12.84 ($14.93), during trading hours on Wednesday, Marketbeat.com reports. 966,139 shares of the company’s stock were exchanged. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47). 

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