ElringKlinger AG (ZIL2) Given a €15.80 Price Target by Independent Research GmbH Analysts
ElringKlinger AG (ETR:ZIL2) has been given a €15.80 ($18.59) price objective by investment analysts at Independent Research GmbH in a report issued on Tuesday. The firm presently has a “neutral” rating on the stock.
ZIL2 has been the topic of a number of other research reports. Hauck & Aufhaeuser set a €17.00 ($20.00) price target on ElringKlinger AG and gave the stock a “neutral” rating in a research note on Friday, July 28th. Nord/LB set a €15.00 ($17.65) price objective on ElringKlinger AG and gave the stock a “sell” rating in a research report on Thursday, June 1st. Berenberg Bank set a €18.00 ($21.18) price objective on ElringKlinger AG and gave the stock a “neutral” rating in a research report on Thursday, May 25th. Kepler Capital Markets set a €22.00 ($25.88) price objective on ElringKlinger AG and gave the stock a “buy” rating in a research report on Thursday, June 8th. Finally, J P Morgan Chase & Co set a €14.00 ($16.47) price objective on ElringKlinger AG and gave the stock a “sell” rating in a research report on Wednesday, July 26th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. ElringKlinger AG presently has a consensus rating of “Hold” and a consensus target price of €16.78 ($19.74).
Shares of ElringKlinger AG (ZIL2) opened at 15.209 on Tuesday. The firm has a market cap of €963.63 million and a P/E ratio of 11.126. The company’s 50 day moving average price is €16.68 and its 200-day moving average price is €17.12. ElringKlinger AG has a 12-month low of €12.77 and a 12-month high of €20.34.
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About ElringKlinger AG
Elringklinger AG is a Germany-based automotive supplier. The Company operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, produces and sells parts and assemblies for vehicle engines, transmission units and exhaust systems, as well as battery and fuel cell components.
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