Schaeffler Aktie: What are medium-term expectations?
The Schaeffler share reached its high in April of this year and has been falling since then.
Currently, the share is trading at around 37 euros and thus below its 200-day moving average.
The automotive industry is currently facing major challenges due to the shortage of semiconductors and the associated production bottlenecks. As a major supplier to the automotive industry, Schaeffler is naturally also affected by this.
In addition, the company is struggling with rising raw material costs.
Schaeffler recently announced that it would raise prices for its products to offset these cost increases. As a result, a further deterioration in earnings is likely in the coming months.
In the medium term, however, the prospects for Schaeffler are not bad.
The company is well-positioned in the growing market for electric vehicles and is investing heavily in research and development. Schaeffler is also benefiting from sustained demand for its industrial products, such as bearings and seals.
Analysts are therefore positive about the medium-term prospects for Schaeffler.
The consensus forecast is that the Schaeffler share price will rise to around 45 euros in the next 12 months. This corresponds to an upside potential of around 25%.