NEWS

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180518/20180518103136_82235.png" alt="" /> </p> <p> Schaeffler AG (FRA:SHA) has received an average recommendation of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is &euro;15.06 ($18.37).&nbsp; </p> <br /> Several brokerages have issued reports on SHA. UBS set a &euro;12.00 ($14.63) price objective on shares of Schaeffler and gave the stock a “sell” rating in a research report on Thursday, March 29th. JPMorgan Chase set a &euro;12.60 ($15.37) target price on shares of Schaeffler and gave the stock a “sell” rating in a report on Tuesday, April 10th. Kepler Capital Markets set a &euro;17.50 ($21.34) target price on shares of Schaeffler and gave the stock a “buy” rating in a report on Friday, February 2nd. Oddo Bhf set a &euro;15.50 ($18.90) target price on shares of Schaeffler and gave the stock a “buy” rating in a report on Wednesday, February 7th. Finally, Goldman Sachs set a &euro;16.50 ($20.12) target price on shares of Schaeffler and gave the stock a “neutral” rating in a report on Thursday, February 1st.<br /> <br /> Shares of SHA stock opened at &euro;12.38 ($15.09) on Wednesday. Schaeffler has a 12-month low of &euro;11.30 ($13.78) and a 12-month high of &euro;16.74 ($20.41).&nbsp;<br /> <p> <br /> </p>