A number of other analysts have also commented on the company. Jefferies Financial Group set a €11.00 ($12.79) price target on Schaeffler and gave the company a neutral rating in a report on Friday, October 5th. Credit Suisse Group set a €17.00 ($19.77) target price on Schaeffler and gave the company a buy rating in a research report on Friday, September 28th. JPMorgan Chase & Co. set a €13.50 ($15.70) target price on Schaeffler and gave the company a neutral rating in a research report on Wednesday, September 26th. DZ Bank reaffirmed a buy rating on shares of Schaeffler in a research report on Tuesday, September 25th. Finally, Warburg Research set a €18.00 ($20.93) target price on Schaeffler and gave the company a buy rating in a research report on Tuesday, September 25th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €14.18 ($16.48).
Shares of Schaeffler stock opened at €9.31 ($10.82) on Tuesday. Schaeffler has a one year low of €11.30 ($13.14) and a one year high of €16.74 ($19.47).
Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.
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