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Schaeffler (FRA:SHA) has been assigned a

Release Time£º12 Feb,2018

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180212/20180212141826_93100.png" alt="" /> </p> <p> Schaeffler (FRA:SHA) has been assigned a &euro;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. </p> <br /> Several other analysts have also issued reports on the company. Goldman Sachs Group set a &euro;15.10 ($18.64) price objective on Schaeffler and gave the stock a ¡°buy¡± rating in a report on Monday, December 4th. JPMorgan Chase &amp; Co. set a &euro;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 &euro;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 &euro;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 &euro;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 &euro;15.43 ($19.05).<br /> <br /> Shares of Schaeffler (SHA) traded down &euro;0.30 ($0.37) during trading hours on Friday, hitting &euro;12.90 ($15.92). The company had a trading volume of 1,415,669 shares. Schaeffler has a twelve month low of &euro;11.30 ($13.95) and a twelve month high of &euro;16.74 ($20.67). The stock has a market capitalization of $2,120.00 and a price-to-earnings ratio of 8.77.&nbsp;<br />
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