ElringKlinger’s (ZIL2) Neutral Rating Reiterated at DZ Bank

DZ Bank reissued their neutral rating on shares of ElringKlinger (ETR:ZIL2) in a research report released on Wednesday morning.

A number of other brokerages also recently weighed in on ZIL2. JPMorgan Chase & Co. set a €8.40 ($9.77) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Monday, June 25th. Hauck & Aufhaeuser set a €11.50 ($13.37) price objective on shares of ElringKlinger and gave the company a neutral rating in a research report on Thursday, August 9th. HSBC set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Thursday, July 5th. Warburg Research set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Tuesday, August 7th. Finally, Credit Suisse Group set a €8.00 ($9.30) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Wednesday, June 27th. Eleven investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. ElringKlinger currently has a consensus rating of Sell and an average target price of €11.13 ($12.94).

Shares of ETR:ZIL2 opened at €8.44 ($9.81) on Wednesday. ElringKlinger has a fifty-two week low of €13.48 ($15.67) and a fifty-two week high of €20.48 ($23.81).

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, manufactures, and sells cylinder-head and specialty gaskets, lightweight components, and thermal and acoustic parts for engine, transmission, and exhaust tract applications.

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Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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