Shares of Schaeffler AG (OTCMKTS:SCFLF – Get Rating) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $6.33.
SCFLF has been the subject of a number of recent research reports. Credit Suisse Group cut their price objective on shares of Schaeffler from €7.50 ($7.89) to €6.00 ($6.32) in a report on Monday, March 14th. JPMorgan Chase & Co. cut their price target on shares of Schaeffler from €8.00 ($8.42) to €7.50 ($7.89) and set an “overweight” rating for the company in a report on Monday, May 16th. Citigroup downgraded shares of Schaeffler from a “neutral” rating to a “sell” rating in a report on Tuesday, March 22nd. Finally, Morgan Stanley lowered their price objective on shares of Schaeffler from €6.40 ($6.74) to €5.50 ($5.79) in a research report on Wednesday, May 11th.
SCFLF stock opened at $6.49 on Thursday. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 5.11 and a beta of 1.05. The company has a current ratio of 1.63, a quick ratio of 0.99 and a debt-to-equity ratio of 0.88. Schaeffler has a 12 month low of $5.15 and a 12 month high of $9.35. The firm has a 50-day moving average of $5.86 and a two-hundred day moving average of $6.83.
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.
- Get a free copy of the StockNews.com research report on Schaeffler (SCFLF)
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