Several other analysts also recently commented on the stock. Deutsche Bank AG set a €18.00 ($20.22) price objective on shares of Schaeffler AG and gave the company a buy rating in a research report on Saturday, May 20th. HSBC Holdings plc set a €18.00 ($20.22) price target on shares of Schaeffler AG and gave the company a buy rating in a report on Saturday, May 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €16.57 ($18.62).
JPMorgan Chase & Co. set a €13.50 ($15.17) price target on Schaeffler AG (FRA:SHA) in a research report released on Monday. The brokerage currently has a sell rating on the stock.
Shares of Schaeffler AG (FRA SHA) opened at 14.82 on Monday. Schaeffler AG has a 12-month low of €11.33 and a 12-month high of €16.60. The company’s 50 day moving average price is €15.43 and its 200 day moving average price is €14.70. The firm has a market cap of €9.87 billion and a P/E ratio of 11.15.