Schaeffler AG (SHA) PT Set at €10.00 by UBS AG

Schaeffler AG (FRA:SHA) received a €10.00 ($11.76) price objective from analysts at UBS AG in a note issued to investors on Wednesday. The firm currently has a “sell” rating on the stock.

Several other equities analysts have also recently issued reports on the company. Nord/LB set a €13.50 ($15.88) price target on Schaeffler AG and gave the company a “neutral” rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) set a €15.50 ($18.24) price target on Schaeffler AG and gave the company a “buy” rating in a report on Monday, July 17th. Jefferies Group LLC set a €12.00 ($14.12) price target on Schaeffler AG and gave the company a “neutral” rating in a report on Wednesday, July 12th. Morgan Stanley set a €15.00 ($17.65) price target on Schaeffler AG and gave the company a “neutral” rating in a report on Tuesday, July 11th. Finally, J P Morgan Chase & Co set a €13.50 ($15.88) price target on Schaeffler AG and gave the company a “sell” rating in a report on Monday, July 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €14.14 ($16.64).

Shares of Schaeffler AG (SHA) opened at 13.665 on Wednesday. Schaeffler AG has a 12-month low of €11.30 and a 12-month high of €16.60. The firm has a market cap of €9.10 billion and a P/E ratio of 10.709. The company has a 50-day moving average of €12.65 and a 200 day moving average of €13.75.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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