Schaeffler AG (FRA:SHA) Given Average Recommendation of “Hold” by Brokerages
Shares of Schaeffler AG (FRA:SHA) have been assigned an average rating of “Hold” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is €8.25 ($9.59).
Several brokerages recently commented on SHA. HSBC set a €9.00 ($10.47) price target on shares of Schaeffler and gave the stock a “buy” rating in a report on Tuesday, September 10th. UBS Group set a €6.00 ($6.98) price target on shares of Schaeffler and gave the stock a “sell” rating in a report on Tuesday, October 8th. P ...