NEWS

<p style="text-align:center;"> <img src="https://www.americanbankingnews.com/wp-content/timthumb/timthumb.php?w=250&amp;zc=1&amp;src=https://www.marketbeat.com/logos/schaeffler-ag-logo.png" alt="Schaeffler logo" /> </p> <p> Schaeffler (FRA:SHA) has been assigned a &euro;15.70 ($18.26) price target by equities researchers at Goldman Sachs Group in a report released on Monday, May 14th. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target indicates a potential upside of 20.44% from the company’s current price. </p> Other equities research analysts have also issued research reports about the company. UBS Group set a &euro;12.00 ($13.95) target price on Schaeffler and gave the stock a “sell” rating in a research report on Thursday, March 29th. JPMorgan Chase &amp; Co. set a &euro;12.60 ($14.65) target price on Schaeffler and gave the stock a “sell” rating in a research report on Tuesday, April 10th. Kepler Capital Markets set a &euro;17.50 ($20.35) target price on Schaeffler and gave the stock a “buy” rating in a research report on Friday, February 2nd. Oddo Bhf set a &euro;15.50 ($18.02) target price on Schaeffler and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Finally, equinet set a &euro;14.30 ($16.63) target price on Schaeffler and gave the stock a “buy” rating in a research report on Friday, April 27th. 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 company’s stock. Schaeffler currently has a consensus rating of “Hold” and a consensus target price of &euro;15.35 ($17.85).<br />