0 SCHAEFFLER share price target reports by brokerages below. See what is analyst's view on SCHAEFFLER share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
However, price hikes and softening raw material should drive a recovery in margins. The merged entity has multiple growth levers: i) product launches; ii) annual capex of ~EUR40mn (twice the earlier run rate) and introduction of new technologies; and iii) potential synergies from the merger. Hence, we estimate Schaeffler’s PAT CAGR will expand to 25% and ROCE by 500bps over CY18–20. We assign 30x PE while rolling over the valuation to Q2CY20E EPS. Maintain ‘BUY’ with a TP of INR6,175.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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