Schaeffler AG (SHA) Given Consensus Rating of “Hold” by Analysts
25 Feb,2019
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<span style="color:#000000;font-family:Arial;font-size:12px;">Shares of Schaeffler AG (FRA:SHA) have been assigned an average recommendation of “Hold” from the nineteen analysts that are covering the company,</span><span style="color:#000000;font-family:Arial;font-size:12px;"> </span><a style="margin:0px;padding:0px;color:#778B25;text-decoration:none;box-sizing:border-box;" href="https://www.marketbeat.com/"><span style="color:#000000;font-family:Arial;font-size:12px;">MarketBeat.com</span></a><span style="color:#000000;font-family:Arial;font-size:12px;"> </span><span style="color:#000000;font-family:Arial;font-size:12px;">reports. Three equities research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is €10.11 ($11.76).</span>
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<span style="color:#000000;font-family:Arial;font-size:12px;">Several equities analysts recently weighed in on the company. Warburg Research set a €16.00 ($18.60) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 1st. Kepler Capital Markets set a €15.50 ($18.02) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 8th. Credit Suisse Group set a €14.50 ($16.86) target price on Schaeffler and gave the stock a “buy” rating in a research report on Thursday, November 8th. DZ Bank reiterated a “buy” rating on shares of Schaeffler in a research report on Wednesday, October 31st. Finally, equinet set a €13.20 ($15.35) target price on Schaeffler and gave the stock a “buy” rating in a research report on Monday, October 29th.</span>
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<span style="color:#000000;text-transform:none;text-indent:0px;letter-spacing:normal;font-family:Montserrat, sans-serif;font-size:15px;font-style:normal;font-weight:300;word-spacing:0px;float:none;display:inline !important;white-space:normal;orphans:2;widows:2;background-color:#FFFFFF;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"><span style="color:#000000;font-family:Arial;font-size:12px;">Shares of</span><span style="color:#000000;font-family:Arial;font-size:12px;"> </span></span><a style="margin:0px;padding:0px;color:#778B25;text-transform:none;text-indent:0px;letter-spacing:normal;font-family:Montserrat, sans-serif;font-size:15px;font-style:normal;font-weight:300;text-decoration:none;word-spacing:0px;white-space:normal;box-sizing:border-box;orphans:2;widows:2;background-color:#FFFFFF;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;" href="https://www.marketbeat.com/stocks/FRA/SHA/price-target/" target="_blank"><span style="color:#000000;font-family:Arial;font-size:12px;">SHA</span></a><span style="color:#000000;text-transform:none;text-indent:0px;letter-spacing:normal;font-family:Montserrat, sans-serif;font-size:15px;font-style:normal;font-weight:300;word-spacing:0px;float:none;display:inline !important;white-space:normal;orphans:2;widows:2;background-color:#FFFFFF;font-variant-ligatures:normal;font-variant-caps:normal;-webkit-text-stroke-width:0px;text-decoration-style:initial;text-decoration-color:initial;"><span style="color:#000000;font-family:Arial;font-size:12px;"> </span><span style="color:#000000;font-family:Arial;font-size:12px;">traded down €0.02 ($0.02) during trading hours on Tuesday, reaching €7.77 ($9.04). 844,939 shares of the company traded hands. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47).</span></span>
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