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

Warburg Research set a €6.30 ($6.63) target price on Schaeffler (FRA:SHAGet Rating) in a research report report published on Tuesday, Borsen Zeitung reports.

SHA has been the topic of a number of other research reports. Morgan Stanley set a €6.40 ($6.74) price target on Schaeffler in a research note on Thursday, April 7th. UBS Group set a €7.20 ($7.58) price target on Schaeffler in a research note on Tuesday, April 19th. Deutsche Bank Rese… set a €9.00 ($9.47) price target on Schaeffler in a research note on Thursday, March 31st. Berenberg Bank set a €8.80 ($9.26) price target on Schaeffler in a research note on Wednesday, January 26th. Finally, Credit Suisse Group set a €6.00 ($6.32) price target on Schaeffler in a research note on Wednesday, April 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of Hold and an average target price of €7.36 ($7.75).

Shares of FRA:SHA opened at €5.53 ($5.82) on Tuesday. Schaeffler has a one year low of €11.30 ($11.89) and a one year high of €16.74 ($17.62). The business’s fifty day moving average price is €5.48 and its two-hundred day moving average price is €6.51.

Schaeffler Company Profile (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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