Schaeffler AG (SHA) Given a €12.00 Price Target at UBS AG

UBS AG set a €12.00 ($13.95) price target on Schaeffler AG (FRA:SHA) in a research report sent to investors on Tuesday. The firm currently has a sell rating on the stock.

Other equities analysts have also recently issued research reports about the stock. J P Morgan Chase & Co set a €11.20 ($13.02) target price on shares of Schaeffler AG and gave the stock a sell rating in a research report on Wednesday, September 13th. Morgan Stanley set a €14.00 ($16.28) target price on shares of Schaeffler AG and gave the stock a neutral rating in a research report on Friday, July 21st. Citigroup Inc. set a €14.00 ($16.28) target price on shares of Schaeffler AG and gave the stock a neutral rating in a research report on Friday, August 11th. Nord/LB set a €13.50 ($15.70) target price on shares of Schaeffler AG and gave the stock a neutral rating in a research report on Tuesday, July 18th. Finally, BNP Paribas set a €15.50 ($18.02) target price on shares of Schaeffler AG and gave the stock a buy rating in a research report on Wednesday, July 19th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €14.20 ($16.51).

Shares of Schaeffler AG (FRA:SHA) traded down €0.12 ($0.14) on Tuesday, reaching €13.78 ($16.02). 927,151 shares of the company’s stock were exchanged. Schaeffler AG has a one year low of €11.30 ($13.14) and a one year high of €16.60 ($19.30).

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About Schaeffler AG

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.

Analyst Recommendations for Schaeffler AG (FRA:SHA)

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