ElringKlinger (ETR:ZIL2) received a €13.10 ($15.60) price objective from equities research analysts at JPMorgan Chase & Co. in a research report issued on Friday. The brokerage presently has a “sell” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential downside of 29.83% from the stock’s current price.
Other analysts have also issued research reports about the company. Kepler Capital Markets set a €18.00 ($21.43) target price on ElringKlinger and gave the company a “buy” rating in a report on Wednesday, November 8th. DZ Bank set a €16.00 ($19.05) target price on ElringKlinger and gave the company a “buy” rating in a report on Tuesday, November 14th. Hauck & Aufhaeuser set a €25.00 ($29.76) target price on ElringKlinger and gave the company a “buy” rating in a report on Wednesday, December 20th. Warburg Research set a €16.00 ($19.05) target price on ElringKlinger and gave the company a “neutral” rating in a report on Thursday, November 2nd. Finally, Commerzbank set a €19.25 ($22.92) target price on ElringKlinger and gave the company a “neutral” rating in a report on Thursday, October 26th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €15.85 ($18.87).
Shares of ElringKlinger (ETR ZIL2) opened at €18.67 ($22.23) on Friday. The stock has a market capitalization of $1,180.00 and a price-to-earnings ratio of 14.94. ElringKlinger has a 1-year low of €13.48 ($16.05) and a 1-year high of €20.48 ($24.38).
ElringKlinger 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.
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