Schaeffler (SHA) PT Set at €19.00 by Credit Suisse Group

Schaeffler (FRA:SHA) has been assigned a €19.00 ($22.62) price objective by stock analysts at Credit Suisse Group in a research note issued to investors on Friday, April 27th. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 41.69% from the stock’s current price.

A number of other equities analysts have also commented on the stock. UBS set a €12.00 ($14.29) price target on shares of Schaeffler and gave the stock a “sell” rating in a report on Thursday, March 29th. JPMorgan Chase set a €12.60 ($15.00) price target on shares of Schaeffler and gave the stock a “sell” rating in a report on Tuesday, April 10th. Kepler Capital Markets set a €17.50 ($20.83) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, February 2nd. Oddo Bhf set a €15.50 ($18.45) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Wednesday, February 7th. Finally, equinet set a €14.30 ($17.02) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, April 27th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €15.35 ($18.28).

Schaeffler traded down €0.08 ($0.10), hitting €13.41 ($15.96), on Friday, according to MarketBeat. The stock had a trading volume of 854,344 shares. Schaeffler has a 52-week low of €11.30 ($13.45) and a 52-week high of €16.74 ($19.93).