ElringKlinger AG (ZIL2) PT Set at €16.00 by DZ Bank AG
ElringKlinger AG (ETR:ZIL2) has been assigned a €16.00 ($18.60) price target by stock analysts at DZ Bank AG in a report released on Tuesday. The firm presently has a “buy” rating on the stock. DZ Bank AG’s price target points to a potential upside of 14.20% from the stock’s current price.
Other equities research analysts have also issued research reports about the company. Macquarie set a €19.00 ($22.09) price objective on ElringKlinger AG and gave the company a “buy” rating in a report on Tuesday, August 8th. Kepler Capital Markets set a €18.00 ($20.93) price objective on ElringKlinger AG and gave the company a “buy” rating in a report on Wednesday, November 8th. Commerzbank Ag set a €19.25 ($22.38) price objective on ElringKlinger AG and gave the company a “neutral” rating in a report on Thursday, August 3rd. Hauck & Aufhaeuser set a €17.00 ($19.77) price objective on ElringKlinger AG and gave the company a “neutral” rating in a report on Friday, July 28th. Finally, Deutsche Bank AG set a €16.00 ($18.60) price objective on ElringKlinger AG and gave the company a “neutral” rating in a report on Tuesday, August 8th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €15.29 ($17.78).
Shares of ElringKlinger AG (ETR:ZIL2) opened at €14.01 ($16.29) on Tuesday. ElringKlinger AG has a twelve month low of €12.77 ($14.85) and a twelve month high of €20.48 ($23.81).
About ElringKlinger AG
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, produces, and markets cylinder-head, specialty gaskets, and lightweight plastic components and housing modules for the powertrain and vehicle body, as well as thermal and acoustic parts for engine, transmission, and exhaust tract applications.
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