NEWS

<p style="text-align:center;"> <img src="http://www.bearing.com.cn/membcentre/editor/attached/image/20180627/20180627092136_62437.png" alt="" /> </p> <p> Schaeffler (FRA:SHA) received a &euro;15.00 ($17.44) price target from Morgan Stanley in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock. Morgan Stanley’s price target indicates a potential upside of 26.96% from the stock’s current price. </p> <p> A number of other analysts have also weighed in on SHA. JPMorgan Chase &amp; Co. set a &euro;13.00 ($15.12) price objective on shares of Schaeffler and gave the stock a “sell” rating in a research note on Wednesday, March 7th. Jefferies Financial Group set a &euro;15.50 ($18.02) price objective on shares of Schaeffler and gave the stock a “neutral” rating in a research note on Wednesday, March 7th. Kepler Capital Markets set a &euro;16.50 ($19.19) price objective on shares of Schaeffler and gave the stock a “buy” rating in a research note on Thursday, March 8th. DZ Bank restated a “buy” rating on shares of Schaeffler in a research report on Friday, March 9th. Finally, UBS Group set a &euro;12.00 ($13.95) price target on shares of Schaeffler and gave the company a “sell” rating in a research report on Monday, March 12th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of &euro;15.35 ($17.85). </p> <p> <br /> </p> Schaeffler stock opened at &euro;11.82 ($13.74) on Tuesday. Schaeffler has a 52 week low of &euro;11.30 ($13.14) and a 52 week high of &euro;16.74 ($19.47).<br />