Commerzbank Ag Analysts Give ElringKlinger AG (ZIL2) a €19.25 Price Target

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.

Analyst Recommendations for ElringKlinger AG (ETR:ZIL2)

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