Schaeffler (SHA) PT Set at €15.70 by Goldman Sachs Group

Schaeffler (FRA:SHA) has been assigned a €15.70 ($18.26) target price by Goldman Sachs Group in a research note issued on Monday, May 14th. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 18.54% from the stock’s previous close.

A number of other research firms have also commented on SHA. DZ Bank reaffirmed a “neutral” rating on shares of Schaeffler in a research note on Tuesday, January 23rd. Deutsche Bank set a €18.00 ($20.93) target price on Schaeffler and gave the stock a “buy” rating in a report on Tuesday, January 23rd. BNP Paribas set a €18.00 ($20.93) target price on Schaeffler and gave the stock a “buy” rating in a report on Friday, January 19th. UBS Group set a €13.00 ($15.12) price objective on Schaeffler and gave the company a “sell” rating in a report on Tuesday, January 23rd. Finally, Warburg Research set a €19.00 ($22.09) price objective on Schaeffler and gave the company a “buy” rating in a report on Thursday, January 18th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. Schaeffler has an average rating of “Hold” and an average price target of €15.35 ($17.85).
Shares of Schaeffler stock traded up €0.21 ($0.24) during midday trading on Monday, reaching €13.25 ($15.40). The company had a trading volume of 574,807 shares. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47).