NEWS

<p style="text-align:center;"> <img src="/membcentre/editor/attached/image/20180601/20180601095402_12837.png" alt="" /> </p> <p> Schaeffler (FRA:SHA) has been given a &euro;17.50 ($20.35) price objective by equities researchers at Kepler Capital Markets in a research note issued on Wednesday, May 9th. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 36.29% from the stock’s previous close. </p> <p> SHA has been the topic of a number of other reports. Morgan Stanley set a &euro;15.50 ($18.02) price objective on Schaeffler and gave the company a “neutral” rating in a research report on Thursday, January 11th. Citigroup set a &euro;14.90 ($17.33) price objective on Schaeffler and gave the company a “neutral” rating in a research report on Monday, January 15th. DZ Bank restated a “neutral” rating on shares of Schaeffler in a research report on Tuesday, January 23rd. Warburg Research set a &euro;19.00 ($22.09) price target on Schaeffler and gave the company a “buy” rating in a research report on Thursday, January 18th. Finally, UBS Group set a &euro;12.00 ($13.95) price target on Schaeffler and gave the company a “sell” rating in a research report on Monday, March 12th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of &euro;15.35 ($17.85). </p> <p> <br /> </p> Shares of Schaeffler traded up &euro;0.14 ($0.16), reaching &euro;12.84 ($14.93), during trading hours on Wednesday, Marketbeat.com reports. 966,139 shares of the company’s stock were exchanged. Schaeffler has a fifty-two week low of &euro;11.30 ($13.14) and a fifty-two week high of &euro;16.74 ($19.47).&nbsp;<br />