With a more favourable environment, SHW AG improves to Slightly Positive
SHW AG (DE), a company active in the Auto Parts industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date September 24, 2019, the closing price was EUR 19.70 and its potential was estimated at EUR 22.65.SHW AG is a Germany-based automobile supplier. The Company operates two business segments: Pumps and Engine Components, and Brake Discs. The Pumps and Engine Components segment produces pumps for different application sectors including oil pumps for combustion engines, pumps for automatic gearboxes, vacuum pumps, water pumps, camshaft phases, balancer shafts, diesel fuel pumps and electric motor pumps for the applications in passenger vehicles, as well as manufactures various pumps for trucks, agricultural and construction vehicles, as well as stationary engines and wind power stations for the Truck & Off-Highway applications. The Brake Discs segment develops and produces monobloc ventilated brake disc made from cast iron, as well as lightweight brake discs made from a combination of an iron friction ring and aluminum plot. The Company is also involved in the Research and Development with aim to reduce the carbon dioxide reduction, among others.
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