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Schaeffler (FRA:SHA) has been assigned a
12 Feb,2018
Schaeffler (FRA:SHA) has been assigned a €16.00 ($19.75) price objective by research analysts at Morgan Stanley in a research note issued to investors on Friday, January 26th. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price objective suggests a potential upside of 24.08% from the stock’s previous close.
Several other analysts have also issued reports on the company. Goldman Sachs Group set a €15.10 ($18.64) price objective on Schaeffler and gave the stock a “buy” rating in a report on Monday, December 4th. JPMorgan Chase & Co. set a €13.00 ($16.05) price objective on Schaeffler and gave the stock a “sell” rating in a report on Friday, January 5th. Jefferies Group set a €14.00 ($17.28) price objective on Schaeffler and gave the stock a “neutral” rating in a report on Thursday, November 30th. UBS Group set a €13.00 ($16.05) price objective on Schaeffler and gave the stock a “sell” rating in a report on Tuesday, January 23rd. Finally, Deutsche Bank set a €17.00 ($20.99) target price on Schaeffler and gave the company a “buy” rating in a report on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €15.43 ($19.05).
Shares of Schaeffler (SHA) traded down €0.30 ($0.37) during trading hours on Friday, hitting €12.90 ($15.92). The company had a trading volume of 1,415,669 shares. Schaeffler has a twelve month low of €11.30 ($13.95) and a twelve month high of €16.74 ($20.67). The stock has a market capitalization of $2,120.00 and a price-to-earnings ratio of 8.77.