Warburg Research Reiterates €6.00 Price Target for ElringKlinger (ZIL2)

Warburg Research set a €6.00 ($6.98) price target on ElringKlinger (ETR:ZIL2) in a research report released on Wednesday morning. The brokerage currently has a sell rating on the stock.

A number of other brokerages also recently commented on ZIL2. Commerzbank 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, November 7th. Hauck & Aufhaeuser set a €8.00 ($9.30) price objective on shares of ElringKlinger and gave the company a neutral rating in a research report on Wednesday, November 7th. Independent Research set a €6.70 ($7.79) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Monday, November 19th. Deutsche Bank set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a neutral rating in a research report on Wednesday, November 7th. Finally, HSBC set a €6.50 ($7.56) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Thursday, December 6th. Twelve analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The stock has a consensus rating of Sell and an average price target of €7.48 ($8.70).

Shares of ETR:ZIL2 opened at €6.31 ($7.34) on Wednesday. ElringKlinger has a 52 week low of €13.48 ($15.67) and a 52 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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