Analyst Vanessa Jeffriess from Jefferies maintained a Hold rating on Schaeffler and keeping the price target at €4.45.
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Vanessa Jeffriess’s rating is based on a combination of factors, including Schaeffler’s recent financial performance and market conditions. The company’s second-quarter EBIT fell short of expectations by 10%, primarily due to weaker margins in the B&IS segment, despite a positive performance in E-Mobility. This indicates some operational challenges that may affect the company’s profitability in the near term.
Furthermore, while Schaeffler’s full-year guidance remains unchanged, which is reassuring amidst currency exchange headwinds, the overall market sentiment in the auto supplier sector has been more optimistic recently. Additionally, Schaeffler’s stock is currently trading at a premium compared to its European peers, suggesting limited upside potential. These factors collectively contribute to the Hold rating, as the stock may not offer significant growth opportunities in the immediate future.
In another report released on July 30, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a €5.50 price target.