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NINGBO KAILI HI-TECH BEARING CO., LTD

Schaeffler (SHA) – Research Analysts’ Recent Ratings Changes

01 Aug,2018

Schaeffler (FRA: SHA) recently received a number of ratings updates from brokerages and research firms:

7/16/2018 – Schaeffler was given a new €12.00 ($14.12) price target on by analysts at Jefferies Financial Group Inc. They now have a “neutral” rating on the stock.
7/16/2018 – Schaeffler was given a new €14.00 ($16.47) price target on by analysts at Citigroup Inc. They now have a “neutral” rating on the stock.
7/12/2018 – Schaeffler was given a new €15.00 ($17.65) price target on by analysts at Morgan Stanley. They now have a “neutral” rating on the stock.
7/10/2018 – Schaeffler was given a new €11.50 ($13.53) price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
7/9/2018 – Schaeffler was given a new €12.60 ($14.82) price target on by analysts at JPMorgan Chase & Co.. They now have a “sell” rating on the stock.
6/26/2018 – Schaeffler was given a new €15.00 ($17.65) price target on by analysts at Morgan Stanley. They now have a “neutral” rating on the stock.
Shares of SHA opened at €11.51 ($13.54) on Tuesday. Schaeffler AG has a 1-year low of €11.30 ($13.29) and a 1-year high of €16.74 ($19.69).
Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.

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