Deutsche Bank set a €6.00 ($6.98) price objective on ElringKlinger (ETR:ZIL2) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. set a €5.00 ($5.81) price target on ElringKlinger and gave the stock a sell rating in a research note on Tuesday, February 19th. DZ Bank reissued a sell rating on shares of ElringKlinger in a research note on Wednesday, February 20th. Credit Suisse Group set a €4.00 ($4.65) price target on ElringKlinger and gave the stock a sell rating in a research note on Friday, February 22nd. Warburg Research set a €6.00 ($6.98) price target on ElringKlinger and gave the stock a sell rating in a research note on Wednesday, February 20th. Finally, Hauck & Aufhaeuser set a €6.00 ($6.98) price target on ElringKlinger and gave the stock a neutral rating in a research note on Thursday, February 21st. Twelve equities research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. ElringKlinger presently has an average rating of Sell and an average price target of €7.26 ($8.44).
Shares of ETR:ZIL2 opened at €6.32 ($7.35) on Friday. The company has a market cap of $400.44 million and a PE ratio of 9.13. The company has a debt-to-equity ratio of 86.37, a quick ratio of 0.73 and a current ratio of 1.50. ElringKlinger has a 12 month low of €5.71 ($6.63) and a 12 month high of €15.88 ($18.47).
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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