NEWS

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180515/20180515092628_74497.png" alt="" /> </p> <p> JPMorgan Chase set a &euro;12.60 ($15.00) price target on Schaeffler (FRA:SHA) in a research note issued to investors on Thursday morning. The firm currently has a sell rating on the stock. </p> <br /> Several other equities research analysts have also commented on the stock. UBS set a &euro;12.00 ($14.29) target price on shares of Schaeffler and gave the stock a sell rating in a research report on Monday, March 12th. DZ Bank restated a buy rating on shares of Schaeffler in a research report on Friday, March 9th. Kepler Capital Markets set a &euro;16.50 ($19.64) target price on shares of Schaeffler and gave the stock a buy rating in a research report on Monday, February 12th. Morgan Stanley set a &euro;15.50 ($18.45) target price on shares of Schaeffler and gave the stock a neutral rating in a research report on Thursday, January 11th. Finally, Deutsche Bank set a &euro;18.00 ($21.43) target price on shares of Schaeffler and gave the stock a buy rating in a research report on Tuesday, January 23rd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. Schaeffler has an average rating of Hold and an average price target of &euro;15.40 ($18.33).<br /> <br /> Shares of Schaeffler opened at &euro;13.49 ($16.06) on Thursday, according to MarketBeat Ratings. Schaeffler has a one year low of &euro;11.30 ($13.45) and a one year high of &euro;16.74 ($19.93).&nbsp;<br />