ElringKlinger AG (ZIL2) Given a €16.00 Price Target by Warburg Research Analysts
ElringKlinger AG (ETR:ZIL2) has been assigned a €16.00 ($18.82) price objective by analysts at Warburg Research in a report released on Thursday. The firm presently has a “neutral” rating on the stock.
A number of other research analysts also recently issued reports on ZIL2. Deutsche Bank AG set a €16.00 ($18.82) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Wednesday, October 25th. Commerzbank Ag set a €19.25 ($22.65) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Thursday, October 26th. equinet AG set a €14.00 ($16.47) price target on ElringKlinger AG and gave the company a “sell” rating in a report on Monday, October 9th. DZ Bank AG restated a “buy” rating on shares of ElringKlinger AG in a report on Tuesday, August 8th. Finally, J P Morgan Chase & Co set a €14.00 ($16.47) price target on ElringKlinger AG and gave the company a “sell” rating in a report on Tuesday, August 8th. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. ElringKlinger AG currently has an average rating of “Hold” and a consensus target price of €16.60 ($19.52).
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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.
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