ElringKlinger (ZIL2) PT Set at €16.00 by Deutsche Bank
A number of other brokerages have also recently issued reports on ZIL2. Independent Research set a €18.40 ($22.72) target price on ElringKlinger and gave the stock a sell rating in a report on Monday, January 29th. Commerzbank set a €16.00 ($19.75) target price on ElringKlinger and gave the stock a neutral rating in a report on Wednesday, January 31st. Hauck & Aufhaeuser set a €25.00 ($30.86) target price on ElringKlinger and gave the stock a buy rating in a report on Thursday, January 25th. JPMorgan Chase & Co. set a €13.10 ($16.17) target price on ElringKlinger and gave the stock a sell rating in a report on Friday, January 5th. Finally, DZ Bank reaffirmed a neutral rating on shares of ElringKlinger in a report on Thursday, January 4th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €15.63 ($19.30).
ElringKlinger (ETR ZIL2) opened at €15.09 ($18.63) on Thursday. ElringKlinger has a fifty-two week low of €13.48 ($16.64) and a fifty-two week high of €20.48 ($25.28). The stock has a market capitalization of $954.20 and a PE ratio of 12.07.
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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