Equinet Analysts Give Schaeffler (SHA) a EURO 13.20 Price Target

Release Time：16 Nov,2018

Schaeffler (FRA:SHA) has been given a EURO13.20 price target by investment analysts at equinet in a research note issued on Monday, October 29th. The firm currently has a “buy” rating on the stock. equinet’s target price would suggest a potential upside of 67.26% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. UBS Group set a EURO11.50  price target on shares of Schaeffler and gave the company a “neutral” rating in a report on Tuesday, July 10th. JPMorgan Chase & Co. set a EURO12.60 price target on shares of Schaeffler and gave the company a “sell” rating in a report on Monday, July 9th. Jefferies Financial Group set a EURO12.00  price target on shares of Schaeffler and gave the company a “neutral” rating in a report on Tuesday, August 7th. Warburg Research set a EURO18.00 price target on shares of Schaeffler and gave the company a “buy” rating in a report on Tuesday, August 7th. Finally, DZ Bank restated a “buy” rating on shares of Schaeffler in a report on Wednesday, August 8th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of EURO12.48.

Shares of Schaeffler stock traded down EURO0.52  during midday trading on Monday, reaching EURO7.89.1,682,224 shares of the company’s stock traded hands. Schaeffler has a 52 week low of EURO11.30  and a 52 week high of EURO16.74.