ElringKlinger AG (ZIL2) Earns “Neutral” Rating from Deutsche Bank AG
ElringKlinger AG (ETR:ZIL2)‘s stock had its “neutral” rating restated by Deutsche Bank AG in a research note issued on Friday.
ZIL2 has been the subject of a number of other reports. Warburg Research set a €18.00 ($21.43) price objective on shares of ElringKlinger AG and gave the stock a “neutral” rating in a research note on Monday, August 7th. Kepler Capital Markets set a €22.00 ($26.19) price objective on shares of ElringKlinger AG and gave the stock a “buy” rating in a research note on Thursday, June 8th. DZ Bank AG reaffirmed a “buy” rating on shares of ElringKlinger AG in a research note on Monday, June 19th. Commerzbank Ag set a €19.25 ($22.92) price objective on shares of ElringKlinger AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Finally, J P Morgan Chase & Co set a €14.00 ($16.67) price target on shares of ElringKlinger AG and gave the company a “sell” rating in a research report on Wednesday, July 26th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €16.78 ($19.97).
Shares of ElringKlinger AG (ETR:ZIL2) traded down 0.70% on Friday, reaching €16.30. 3,667 shares of the company were exchanged. ElringKlinger AG has a 52 week low of €12.77 and a 52 week high of €20.34. The company has a market capitalization of €1.03 billion and a price-to-earnings ratio of 12.54. The company’s 50-day moving average is €15.27 and its 200-day moving average is €16.92.
About ElringKlinger AG
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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