Oddo Bhf set a €15.50 ($18.02) price objective on Schaeffler (FRA:SHA) in a research report report published on Thursday. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently weighed in on SHA. Morgan Stanley set a €15.00 ($17.44) target price on Schaeffler and gave the stock a neutral rating in a research report on Tuesday, June 26th. Credit Suisse Group set a €19.00 ($22.09) target price on Schaeffler and gave the stock a buy rating in a research report on Friday, April 27th. Citigroup set a €14.00 ($16.28) target price on Schaeffler and gave the stock a neutral rating in a research report on Monday, July 16th. Kepler Capital Markets set a €17.50 ($20.35) target price on Schaeffler and gave the stock a buy rating in a research report on Tuesday, August 7th. Finally, Warburg Research set a €18.00 ($20.93) target price on Schaeffler and gave the stock a buy rating in a research report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of €14.79 ($17.19).
SHA stock opened at €11.91 ($13.84) on Thursday. Schaeffler has a twelve month low of €11.30 ($13.14) and a twelve month high of €16.74 ($19.47).