Schaeffler AG (SHA) Given a €11.20 Price Target at J P Morgan Chase & Co

Schaeffler AG (FRA:SHA) has been given a €11.20 ($13.33) price objective by equities researchers at J P Morgan Chase & Co in a report released on Wednesday. The brokerage presently has a “sell” rating on the stock.

Several other research analysts also recently weighed in on SHA. HSBC Holdings plc set a €18.00 ($21.43) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Deutsche Bank AG set a €18.00 ($21.43) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. UBS AG set a €14.00 ($16.67) price target on shares of Schaeffler AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Nord/LB set a €15.00 ($17.86) price target on shares of Schaeffler AG and gave the stock a “neutral” rating in a research report on Tuesday, May 30th. Finally, Goldman Sachs Group, Inc. (The) set a €18.00 ($21.43) price target on shares of Schaeffler AG and gave the stock a “buy” rating in a research report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of €14.14 ($16.84).

Schaeffler AG (FRA:SHA) opened at 12.387 on Wednesday. The stock has a market capitalization of €8.25 billion and a price-to-earnings ratio of 9.708. Schaeffler AG has a 1-year low of €11.30 and a 1-year high of €16.60. The company has a 50-day moving average of €11.96 and a 200-day moving average of €14.11.

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Analyst Recommendations for Schaeffler AG (FRA:SHA)

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