ElringKlinger (ETR:ZIL2) has been assigned a €16.00 ($19.05) price target by research analysts at Commerzbank in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Commerzbank’s price objective points to a potential downside of 13.70% from the company’s previous close.

Several other brokerages have also recently issued reports on ZIL2. JPMorgan Chase & Co. set a €13.10 ($15.60) price target on shares of ElringKlinger and gave the company a “sell” rating in a research report on Friday, January 5th. DZ Bank reiterated a “neutral” rating on shares of ElringKlinger in a research report on Thursday, January 4th. Warburg Research set a €15.00 ($17.86) price target on shares of ElringKlinger and gave the company a “neutral” rating in a research report on Thursday, December 28th. Hauck & Aufhaeuser set a €25.00 ($29.76) price target on shares of ElringKlinger and gave the company a “buy” rating in a research report on Wednesday, December 20th. Finally, Berenberg Bank set a €14.50 ($17.26) price target on shares of ElringKlinger and gave the company a “neutral” rating in a research report on Tuesday, December 5th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. ElringKlinger currently has an average rating of “Hold” and an average price target of €15.63 ($18.61).

ElringKlinger (ZIL2) opened at €18.54 ($22.07) on Friday. ElringKlinger has a 52-week low of €13.48 ($16.05) and a 52-week high of €20.48 ($24.38). The stock has a market cap of $1,170.00 and a PE ratio of 14.83.

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ElringKlinger Company Profile

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.

Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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