NINGBO KAILI HI-TECH BEARING CO., LTD

Schaeffler (SHA) Given a €15.70 Price Target at Goldman Sachs Group

06 Jun,2018

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Schaeffler (FRA:SHA) has been assigned a €15.70 ($18.26) price target by equities researchers at Goldman Sachs Group in a report released on Monday, May 14th. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 20.44% from the company’s current price.

Other equities research analysts have also issued research reports about the company. UBS Group set a €12.00 ($13.95) target price on Schaeffler and gave the stock a “sell” rating in a research report on Thursday, March 29th. JPMorgan Chase & Co. set a €12.60 ($14.65) target price on Schaeffler and gave the stock a “sell” rating in a research report on Tuesday, April 10th. Kepler Capital Markets set a €17.50 ($20.35) target price on Schaeffler and gave the stock a “buy” rating in a research report on Friday, February 2nd. Oddo Bhf set a €15.50 ($18.02) target price on Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Finally, equinet set a €14.30 ($16.63) target price on Schaeffler and gave the stock a “buy” rating in a research report on Friday, April 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Schaeffler currently has a consensus rating of “Hold” and a consensus target price of €15.35 ($17.85).

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