Shares of Schaeffler AG (FRA:SHA) have received a consensus rating of “Hold” from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is €15.38 ($17.89).

Several equities research analysts have issued reports on SHA shares. DZ Bank reissued a “buy” rating on shares of Schaeffler in a research report on Friday, March 9th. equinet set a €14.30 ($16.63) price objective on shares of Schaeffler and gave the company a “buy” rating in a research report on Tuesday, March 27th. Kepler Capital Markets set a €16.50 ($19.19) price objective on shares of Schaeffler and gave the company a “buy” rating in a research report on Thursday, March 8th. Credit Suisse Group set a €19.00 ($22.09) price objective on shares of Schaeffler and gave the company a “buy” rating in a research report on Friday, April 27th. Finally, Warburg Research set a €18.50 ($21.51) price target on shares of Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, May 9th.
Shares of Schaeffler stock opened at €13.00 ($15.12) on Thursday. Schaeffler has a 52-week low of €11.30 ($13.14) and a 52-week high of €16.74 ($19.47).