Commerzbank Ag set a €19.25 ($22.65) price objective on ElringKlinger AG (ETR:ZIL2) in a research note published on Thursday morning. The brokerage currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the stock. Macquarie set a €19.00 ($22.35) target price on shares of ElringKlinger AG and gave the stock a buy rating in a report on Tuesday, August 8th. DZ Bank AG reiterated a buy rating on shares of ElringKlinger AG in a report on Tuesday, August 8th. Hauck & Aufhaeuser set a €17.00 ($20.00) target price on shares of ElringKlinger AG and gave the stock a neutral rating in a report on Friday, July 28th. Warburg Research set a €18.00 ($21.18) price target on shares of ElringKlinger AG and gave the stock a neutral rating in a report on Monday, August 7th. Finally, Independent Research GmbH set a €15.80 ($18.59) price target on shares of ElringKlinger AG and gave the stock a neutral rating in a report on Tuesday, August 8th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. ElringKlinger AG currently has a consensus rating of Hold and a consensus price target of €16.78 ($19.74).
ElringKlinger AG (ZIL2) opened at 14.962 on Thursday. ElringKlinger AG has a 52-week low of €12.77 and a 52-week high of €20.34. The stock has a 50 day moving average of €15.64 and a 200-day moving average of €16.65. The firm has a market cap of €947.98 million and a price-to-earnings ratio of 11.509.
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ElringKlinger AG 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.
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