Schaeffler (SHA) PT Set at €12.00 by Jefferies Financial Group
24 Aug,2018
Schaeffler (FRA:SHA) received a €12.00 ($13.64) price objective from investment analysts at Jefferies Financial Group in a report released on Tuesday, August 7th. The brokerage currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 4.99% from the company’s previous close.
SHA has been the topic of several other research reports. Goldman Sachs Group set a €15.70 ($17.84) target price on Schaeffler and gave the company a “neutral” rating in a research note on Monday, May 14th. JPMorgan Chase & Co. set a €12.60 ($14.32) target price on Schaeffler and gave the company a “sell” rating in a research note on Thursday, May 10th. Nord/LB set a €13.50 ($15.34) price target on Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, May 16th. Deutsche Bank set a €16.00 ($18.18) price target on Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, May 9th. Finally, Warburg Research set a €18.50 ($21.02) price target on Schaeffler and gave the stock a “buy” rating in a research note on Wednesday, May 9th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €14.79 ($16.80).
SHA stock opened at €11.43 ($12.99) on Tuesday. Schaeffler has a 1-year low of €11.30 ($12.84) and a 1-year high of €16.74 ($19.02).
About Schaeffler