Credit Suisse Group Analysts Give Schaeffler (SHA) a €19.00 Price Target
Schaeffler (FRA:SHA) received a €19.00 ($22.62) price target from research analysts at Credit Suisse Group in a report released on Friday, April 27th. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 40.79% from the stock’s previous close.
Several other brokerages have also recently weighed in on SHA. DZ Bank reiterated a “neutral” rating on shares of Schaeffler in a research note on Tuesday, January 23rd. UBS set a €12.00 ($14.29) price target on shares of Schaeffler and gave the stock a “sell” rating in a research note on Wednesday, April 4th. Morgan Stanley set a €15.00 ($17.86) price target on shares of Schaeffler and gave the stock a “neutral” rating in a research note on Thursday, March 8th. Kepler Capital Markets set a €16.50 ($19.64) price target on shares of Schaeffler and gave the stock a “buy” rating in a research note on Monday, February 12th. Finally, Deutsche Bank reiterated a “neutral” rating on shares of Schaeffler in a research note on Tuesday, March 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned 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 ($18.28).
Shares of Schaeffler stock traded down €0.04 ($0.05) on Friday, hitting €13.50 ($16.07). 604,937 shares of the company’s stock were exchanged. Schaeffler has a 1 year low of €11.30 ($13.45) and a 1 year high of €16.74 ($19.93).
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