Warburg Research Analysts Give Schaeffler (FRA:SHA) a €6.30 Price Target

Schaeffler (FRA:SHAGet Rating) has been given a €6.30 ($6.63) price objective by research analysts at Warburg Research in a note issued to investors on Tuesday, Borsen Zeitung reports. Warburg Research’s price target suggests a potential upside of 26.30% from the company’s previous close.

A number of other equities analysts also recently weighed in on SHA. Morgan Stanley set a €6.40 ($6.74) target price on shares of Schaeffler in a research note on Thursday, April 7th. UBS Group set a €7.20 ($7.58) target price on shares of Schaeffler in a research note on Tuesday, April 19th. Deutsche Bank Rese… set a €9.00 ($9.47) target price on shares of Schaeffler in a research note on Thursday, March 31st. Jefferies Financial Group set a €6.00 ($6.32) target price on shares of Schaeffler in a research note on Thursday, April 7th. Finally, Kepler Capital Markets set a €7.30 ($7.68) target price on shares of Schaeffler in a research note on Friday, January 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of €7.36 ($7.75).

SHA stock traded up €0.06 ($0.06) during trading on Tuesday, hitting €4.99 ($5.25). 814,306 shares of the stock traded hands. Schaeffler has a one year low of €11.30 ($11.89) and a one year high of €16.74 ($17.62). The company has a 50 day simple moving average of €5.50 and a 200 day simple moving average of €6.54.

About Schaeffler (Get Rating)

Schaeffler AG, together with its subsidiaries, manufactures and sells precision components and systems for automotive and industrial applications in Europe, the Americas, China, and the Asia Pacific. The company's Automotive OEM division offers engine systems, including rolling bearing solutions, belt and chain drive products, valve train components, and systems for variable valve trains; and transmission systems, such as torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, lightweight differentials, bearing solutions, and synchronizing and gearshift components.

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Analyst Recommendations for Schaeffler (FRA:SHA)

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