ElringKlinger AG (ZIL2) Receives €6.91 Consensus PT from Analysts
ElringKlinger AG (ETR:ZIL2) has received an average recommendation of “Sell” from the thirteen analysts that are covering the stock, Marketbeat reports. Eleven investment analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €6.85 ($7.97).
Several research firms recently commented on ZIL2. Independent Research set a €5.60 ($6.51) price objective on shares of ElringKlinger and gave the stock a “sell” rating in a research note on Tuesday. Deutsche Bank set a €5.50 ($6.40) price target on shares of ElringKlinger and gave the company a “neutral” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. set a €4.10 ($4.77) price target on shares of ElringKlinger and gave the company a “sell” rating in a research note on Tuesday, April 2nd. DZ Bank restated a “sell” rating on shares of ElringKlinger in a research note on Wednesday, May 8th. Finally, Kepler Capital Markets set a €6.50 ($7.56) price target on shares of ElringKlinger and gave the company a “sell” rating in a research note on Wednesday, February 20th.
Shares of ETR ZIL2 traded up €0.03 ($0.03) during trading hours on Friday, hitting €5.70 ($6.63). 19,409 shares of the stock were exchanged, compared to its average volume of 156,628. The company has a quick ratio of 0.86, a current ratio of 1.85 and a debt-to-equity ratio of 95.20. The firm has a market cap of $361.15 million and a PE ratio of 21.76. ElringKlinger has a 12 month low of €5.55 ($6.45) and a 12 month high of €14.00 ($16.28).
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, manufactures, and sells lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.
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