NINGBO KAILI HI-TECH BEARING CO., LTD

Schaeffler (SHA) Given a €15.70 Price Target by Goldman Sachs Analysts

24 May,2018

Schaeffler (FRA:SHA) has been assigned a €15.70 ($18.69) price target by stock analysts at Goldman Sachs in a report released on Monday, May 14th. The firm presently has a “neutral” rating on the stock. Goldman Sachs’ price objective suggests a potential upside of 13.36% from the stock’s previous close.


SHA has been the topic of a number of other research reports. Warburg Research set a €19.00 ($22.62) price target on Schaeffler and gave the company a “buy” rating in a research report on Thursday, January 18th. UBS set a €12.00 ($14.29) price target on Schaeffler and gave the company a “sell” rating in a research report on Friday, February 2nd. Deutsche Bank set a €16.00 ($19.05) price target on Schaeffler and gave the company a “neutral” rating in a research report on Wednesday, May 9th. Kepler Capital Markets set a €17.50 ($20.83) price target on Schaeffler and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Citigroup set a €14.90 ($17.74) price target on Schaeffler and gave the company a “neutral” rating in a research report on Monday, January 15th. Two research 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’s stock. The stock has a consensus rating of “Hold” and an average target price of €15.35 ($18.28).

Shares of Schaeffler opened at €13.85 ($16.49) on Monday, according to MarketBeat. Schaeffler has a 52-week low of €11.30 ($13.45) and a 52-week high of €16.74 ($19.93). 

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