ElringKlinger (ZIL2) Given a €16.00 Price Target by Commerzbank Analysts
ElringKlinger (ETR:ZIL2) received a €16.00 ($19.75) price target from Commerzbank in a research report issued to clients and investors on Wednesday. The firm presently has a “neutral” rating on the stock. Commerzbank’s price target points to a potential downside of 15.48% from the stock’s current price.
Several other brokerages have also commented on ZIL2. Independent Research set a €18.40 ($22.72) price target on ElringKlinger and gave the company a “sell” rating in a research note on Monday. Hauck & Aufhaeuser set a €25.00 ($30.86) price target on ElringKlinger and gave the company a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. set a €13.10 ($16.17) price target on ElringKlinger and gave the company a “sell” rating in a research note on Friday, January 5th. DZ Bank reaffirmed a “neutral” rating on shares of ElringKlinger in a research note on Thursday, January 4th. Finally, Warburg Research set a €15.00 ($18.52) price target on ElringKlinger and gave the company a “neutral” rating in a research note on Thursday, December 28th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. ElringKlinger currently has an average rating of “Hold” and an average target price of €15.77 ($19.47).
Shares of ElringKlinger (ETR:ZIL2) opened at €18.93 ($23.37) on Wednesday. The company has a market capitalization of $1,210.00 and a price-to-earnings ratio of 15.14. ElringKlinger has a one year low of €13.48 ($16.64) and a one year high of €20.48 ($25.28).
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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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