Schaeffler (SHA) Given a €14.00 Price Target by Morgan Stanley Analysts

Release Time：20 Aug,2018

<p style="text-align:center;"> <img src="http://www.bearing.com.cn/membcentre/editor/attached/image/20180820/20180820110527_93095.png" alt="" /> </p> <p> Schaeffler (FRA:SHA) has been given a &euro;14.00 ($15.91) price objective by investment analysts at Morgan Stanley in a report released on Friday, August 10th. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 19.86% from the stock’s previous close. </p> <br /> Other equities analysts have also recently issued research reports about the stock. equinet set a &euro;14.30 ($16.25) target price on shares of Schaeffler and gave the stock a “buy” rating in a research report on Tuesday, May 8th. Credit Suisse Group set a &euro;19.00 ($21.59) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, April 27th. Warburg Research set a &euro;18.50 ($21.02) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Wednesday, May 9th. Kepler Capital Markets set a &euro;17.50 ($19.89) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Wednesday, May 9th. Finally, DZ Bank reissued a “buy” rating on shares of Schaeffler in a report on Wednesday, August 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of &euro;14.79 ($16.80).<br /> Shares of FRA:SHA opened at &euro;11.68 ($13.27) on Friday. Schaeffler has a 52 week low of &euro;11.30 ($12.84) and a 52 week high of &euro;16.74 ($19.02).&nbsp;<br /> <br /> Schaeffler Company Profile<br /> <br /> Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.<br />