The Schaeffler
New Year continued. The price rose 0.7 percent in the morning
before, making the paper the biggest winner in the SDax
the smaller stock market.
The course recovery was driven by a study by the US bank
JPMorgan: The automotive industry can therefore look into the year with optimism
2020 look. The car makers would bottom out if they won
passed. Analyst Jose Asumendi therefore drew a positive conclusion
for the Schaeffler share and raised it to “Overweight”.
In second place behind the automotive supplier’s shares in the SDax
were the papers of the industry neighbor Jost Werke
an increase of 0.6 percent. They were up from JPMorgan too
“Overweight” has been upgraded./ssc/bek/fba
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AXC0084 2020-01-06 / 10: 00
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