Zacks Investment Research upgraded shares of Schaeffler (OTCMKTS:SCFLF) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning. 

According to Zacks, “Schaeffler AG engages as a supplier to the automotive and industrial sectors. It provides rolling bearing and plain bearing solutions and linear and direct drive technology. The company’s operating segment consists of Automotive and Industrial segments. Automotive segment provides product and service business with customers in the automotive sector. Industrial segment offers product and service business with manufacturers of investment goods. Schaeffler AG is headquartered in Herzogenaurach, Germany. “

OTCMKTS SCFLF opened at $15.35 on Tuesday. Schaeffler has a one year low of $15.35 and a one year high of $20.25.