Schaeffler (OTCMKTS:SFFLY – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.
Schaeffler Price Performance
Shares of Schaeffler stock opened at $9.00 on Thursday. Schaeffler has a 1 year low of $4.71 and a 1 year high of $14.44. The stock has a 50-day moving average price of $10.70 and a 200 day moving average price of $10.50.
About Schaeffler
Schaeffler AG, trading in the United States under the symbol SFFLY, is a global provider of precision components and systems for the automotive, aerospace and industrial sectors. The company’s core offerings include rolling element bearings, plain bearings, linear products, engine and transmission components, as well as solutions for e-mobility and electric drive systems. Schaeffler serves customers across the original equipment and aftermarket segments, supporting manufacturers with both standard products and bespoke engineering services.
In the automotive sector, Schaeffler’s product portfolio covers engine timing systems, valve train components, clutches, transmissions and high-performance bearings designed to enhance fuel efficiency, reduce emissions and increase durability.
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