ElringKlinger (ETR:ZIL2) received a €9.00 ($10.59) price objective from equities researchers at JPMorgan Chase & Co. in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential downside of 35.25% from the stock’s previous close.
ZIL2 has been the topic of several other research reports. Hauck & Aufhaeuser set a €30.00 ($35.29) price objective on ElringKlinger and gave the company a “buy” rating in a report on Tuesday, January 12th. Kepler Capital Markets set a €5.10 ($6.00) price target on shares of ElringKlinger and gave the stock a “sell” rating in a research note on Wednesday, November 18th. Independent Research set a €8.60 ($10.12) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Thursday, November 12th. Deutsche Bank Aktiengesellschaft set a €10.00 ($11.76) price objective on shares of ElringKlinger and gave the company a “neutral” rating in a report on Monday, January 25th. Finally, Warburg Research set a €12.50 ($14.71) target price on shares of ElringKlinger and gave the stock a “sell” rating in a report on Wednesday, January 6th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €12.53 ($14.75).
Shares of ETR ZIL2 opened at €13.90 ($16.35) on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.56 and a debt-to-equity ratio of 80.56. The business’s 50 day moving average is €15.36 and its two-hundred day moving average is €10.88. ElringKlinger has a 52-week low of €3.42 ($4.02) and a 52-week high of €17.46 ($20.54). The firm has a market cap of $880.70 million and a price-to-earnings ratio of -38.94.
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry in Germany and internationally. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks.
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