Schaeffler (FRA:SHA) PT Set at €12.00 by UBS

UBS set a €12.00 ($14.81) target price on Schaeffler (FRA:SHA) in a research report report published on Wednesday, April 4th, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.

Several other equities research analysts have also commented on SHA. DZ Bank restated a buy rating on shares of Schaeffler in a research note on Friday, March 9th. Kepler Capital Markets set a €16.50 ($20.37) price target on Schaeffler and gave the stock a buy rating in a research note on Monday, February 12th. JPMorgan Chase set a €13.00 ($16.05) price target on Schaeffler and gave the stock a sell rating in a research note on Thursday, February 1st. Morgan Stanley set a €15.50 ($19.14) price target on Schaeffler and gave the stock a neutral rating in a research note on Thursday, January 11th. Finally, Deutsche Bank set a €18.00 ($22.22) price target on Schaeffler and gave the stock a buy rating in a research note on Tuesday, January 23rd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €15.11 ($18.66).

Schaeffler stock traded down €0.08 ($0.10) during trading on Wednesday, hitting €12.67 ($15.64). The company’s stock had a trading volume of 846,160 shares. Schaeffler has a 1-year low of €11.30 ($13.95) and a 1-year high of €16.74 ($20.67).