Several other research firms have also commented on ZIL2. DZ Bank reissued a neutral rating on shares of ElringKlinger in a research report on Wednesday, November 29th. set a €15.00 ($17.86) price target on ElringKlinger and gave the stock a neutral rating in a research report on Thursday, November 9th. Deutsche Bank reissued a neutral rating on shares of ElringKlinger in a research report on Friday, September 15th. Berenberg Bank set a €14.50 ($17.26) price target on ElringKlinger and gave the stock a neutral rating in a research report on Wednesday, September 20th. Finally, Metzler set a €14.50 ($17.26) price target on ElringKlinger and gave the stock a neutral rating in a research report on Tuesday, November 28th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €15.84 ($18.86).
ElringKlinger (ZIL2) traded up €0.33 ($0.39) during midday trading on Wednesday, hitting €18.67 ($22.23). 167,511 shares of the company traded hands, compared to its average volume of 283,417. The company has a market cap of $1,180.00 and a P/E ratio of 14.94. ElringKlinger has a fifty-two week low of €13.48 ($16.05) and a fifty-two week high of €20.48 ($24.38).
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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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