Schaeffler (FRA:SHA) PT Set at €13.50 by Nord/LB

12 Jun,2018

Schaeffler (FRA:SHA) has been given a €13.50 ($15.70) price objective by research analysts at Nord/LB in a report issued on Wednesday, May 16th. The firm presently has a “neutral” rating on the stock. Nord/LB’s price objective points to a potential upside of 1.89% from the stock’s current price.

Other research analysts have also recently issued research reports about the stock. Warburg Research set a €18.50 ($21.51) target price on shares of Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Kepler Capital Markets set a €17.50 ($20.35) target price on shares of Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Deutsche Bank set a €16.00 ($18.60) target price on shares of Schaeffler and gave the stock a “neutral” rating in a research report on Wednesday, May 9th. Credit Suisse Group set a €19.00 ($22.09) target price on shares of Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, May 9th. Finally, JPMorgan Chase & Co. set a €12.60 ($14.65) price objective on shares of Schaeffler and gave the company a “sell” rating in a report on Thursday, May 10th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of €15.35 ($17.85).

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