ElringKlinger (ETR:ZIL2)‘s stock had its “neutral” rating reiterated by investment analysts at DZ Bank in a note issued to investors on Thursday.
A number of other research analysts have also commented on the stock. Hauck & Aufhaeuser set a €25.00 ($29.76) price objective on shares of ElringKlinger and gave the company a “buy” rating in a research report on Wednesday, December 20th. Metzler set a €14.50 ($17.26) price objective on shares of ElringKlinger and gave the company a “neutral” rating in a research report on Tuesday, November 28th. Independent Research set a €16.40 ($19.52) price objective on shares of ElringKlinger and gave the company a “neutral” rating in a research report on Wednesday, November 29th. Kepler Capital Markets set a €18.00 ($21.43) price objective on shares of ElringKlinger and gave the company a “buy” rating in a research report on Wednesday, November 8th. Finally, Deutsche Bank set a €16.00 ($19.05) price target on shares of ElringKlinger and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of €15.85 ($18.87).
ElringKlinger (ZIL2) opened at €18.48 ($22.00) on Thursday. The company has a market cap of $1,170.00 and a PE ratio of 14.78. ElringKlinger has a 52-week low of €13.48 ($16.05) and a 52-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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