Jefferies analyst Vanessa Jeffriess maintained a Hold rating on Schaeffler today and set a price target of €5.25.
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Vanessa Jeffriess’s rating is based on several considerations related to Schaeffler’s strategic outlook and market positioning. The company is set to unveil its 2030 strategy, which presents numerous promising opportunities and potential for significant improvements in the coming years. However, the successful execution of this strategy is crucial to realizing these benefits.
Despite these prospects, Jeffriess views the stock as currently overvalued when compared to its European counterparts. This valuation concern, coupled with the dependency on effective strategy implementation, has led to the Hold rating. The recommendation reflects a cautious stance, acknowledging both the potential upside and the risks associated with the stock’s current market position.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0RBK in relation to earlier this year.