ElringKlinger AG (ZIL2) PT Set at €14.30 by Independent Research GmbH

ElringKlinger AG (ETR:ZIL2) received a €14.30 ($16.63) price objective from stock analysts at Independent Research GmbH in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock. Independent Research GmbH’s price target points to a potential upside of 2.14% from the company’s current price.

A number of other research firms also recently commented on ZIL2. Berenberg Bank set a €14.50 ($16.86) price objective on ElringKlinger AG and gave the company a “neutral” rating in a report on Monday, July 24th. DZ Bank AG reiterated a “buy” rating on shares of ElringKlinger AG in a report on Tuesday, August 8th. set a €15.00 ($17.44) price objective on ElringKlinger AG and gave the company a “neutral” rating in a report on Thursday, November 9th. Deutsche Bank AG reiterated a “neutral” rating on shares of ElringKlinger AG in a report on Friday, September 15th. Finally, J P Morgan Chase & Co restated a “sell” rating on shares of ElringKlinger AG in a report on Wednesday, August 16th. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €15.29 ($17.78).

Shares of ElringKlinger AG (ETR:ZIL2) opened at €14.00 ($16.28) on Monday. ElringKlinger AG has a fifty-two week low of €12.77 ($14.85) and a fifty-two week high of €20.48 ($23.81).

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ElringKlinger AG Company Profile

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.

Analyst Recommendations for ElringKlinger AG (ETR:ZIL2)

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