NEWS

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180522/20180522114318_10499.png" alt="" /> </p> <p> Schaeffler (FRA:SHA) received a &euro;19.00 ($22.62) price target from research analysts at Credit Suisse Group in a report released on Friday, April 27th. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 40.79% from the stock’s previous close. </p> <br /> Several other brokerages have also recently weighed in on SHA. DZ Bank reiterated a “neutral” rating on shares of Schaeffler in a research note on Tuesday, January 23rd. UBS set a &euro;12.00 ($14.29) price target on shares of Schaeffler and gave the stock a “sell” rating in a research note on Wednesday, April 4th. Morgan Stanley set a &euro;15.00 ($17.86) price target on shares of Schaeffler and gave the stock a “neutral” rating in a research note on Thursday, March 8th. Kepler Capital Markets set a &euro;16.50 ($19.64) price target on shares of Schaeffler and gave the stock a “buy” rating in a research note on Monday, February 12th. Finally, Deutsche Bank reiterated a “neutral” rating on shares of Schaeffler in a research note on Tuesday, March 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of &euro;15.35 ($18.28).<br /> <br /> Shares of Schaeffler stock traded down &euro;0.04 ($0.05) on Friday, hitting &euro;13.50 ($16.07). 604,937 shares of the company’s stock were exchanged. Schaeffler has a 1 year low of &euro;11.30 ($13.45) and a 1 year high of &euro;16.74 ($19.93).&nbsp;<br />