UBS Group set a €11.50 ($13.37) price target on Schaeffler (FRA:SHA) in a report published on Tuesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. set a €12.60 ($14.65) price target on Schaeffler and gave the company a sell rating in a report on Tuesday, April 10th. Credit Suisse Group set a €19.00 ($22.09) price target on Schaeffler and gave the company a buy rating in a report on Wednesday, May 9th. equinet set a €14.30 ($16.63) price target on Schaeffler and gave the company a buy rating in a report on Friday, April 27th. Deutsche Bank set a €16.00 ($18.60) price target on Schaeffler and gave the company a neutral rating in a report on Wednesday, May 9th. Finally, Warburg Research set a €18.50 ($21.51) price target on Schaeffler and gave the company a buy rating in a report on Wednesday, May 9th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company. Schaeffler currently has an average rating of Hold and a consensus target price of €15.32 ($17.82).

Shares of Schaeffler traded down €0.04 ($0.05), hitting €11.18 ($13.00), during mid-day trading on Tuesday, according to MarketBeat.com. The company’s stock had a trading volume of 562,713 shares. Schaeffler has a fifty-two week low of €11.30 ($13.14) and a fifty-two week high of €16.74 ($19.47).

Schaeffler Company Profile

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.