Quirin Privatbank Reiterates Buy on Schaeffler AG With EUR 7.50 Price Target
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Quirin Privatbank has reiterated its Buy rating on Schaeffler AG, maintaining a target price of EUR 7.50. The bank highlights Schaeffler's focus on value creation and strong order book in E-Mobility and Powertrain/Chassis. Despite a solid Q3 performance, results were affected by a EUR 165 million impairment charge, leading to expectations of a significant net loss for FY 2025, with profitability projected in 2026. Challenges include weak free float and trading volumes, impacting institutional investor interest.
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