Schaeffler (SHA) Given a €12.60 Price Target by JPMorgan Chase & Co. Analysts

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JPMorgan Chase & Co. set a €12.60 ($14.65) price target on Schaeffler (FRA:SHA) in a research report sent to investors on Tuesday. The brokerage currently has a neutral rating on the stock.

SHA has been the subject of a number of other research reports. Morgan Stanley set a €13.50 ($15.70) price target on Schaeffler and gave the company a neutral rating in a research report on Wednesday, September 12th. Credit Suisse Group set a €17.00 ($19.77) price target on Schaeffler and gave the company a buy rating in a research report on Wednesday, September 12th. UBS Group set a €10.00 ($11.63) price target on Schaeffler and gave the company a sell rating in a research report on Thursday, September 6th. Berenberg Bank set a €12.00 ($13.95) price target on Schaeffler and gave the company a neutral rating in a research report on Wednesday, August 22nd. Finally, Oddo Bhf set a €15.50 ($18.02) price target on Schaeffler and gave the company a buy rating in a research report on Thursday, August 9th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €14.63 ($17.01).

FRA SHA opened at €11.61 ($13.50) on Tuesday. Schaeffler has a 1-year low of €11.30 ($13.14) and a 1-year high of €16.74 ($19.47).

Schaeffler Company Profile

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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