Research Disclosures & Disclaimers

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Schaeffler (SHA0n.DE)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-04-14	5.69	7.20	Neutral
2022-07-20	5.66	5.40	Neutral
2022-10-10	4.83	4.90	Neutral
2023-01-23	6.56	6.20	Neutral
2023-08-03	5.56	6.00	Neutral
2023-10-30	4.80	4.50	Sell
2024-03-21	6.16	4.90	Sell
2024-09-10	4.17	4.40	Neutral
2024-12-03	4.24	4.30	Neutral
2025-04-14	3.56	3.40	Neutral
2025-07-02	4.55	4.20	Neutral

Disclosures

Because this security exhibits higher-than-average volatility, the FSR has been set at 15% above the MRA for a Buy rating, and at -15% below the MRA for a Sell rating (compared with 6/-6% under the normal rating system).

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.