ElringKlinger AG (ZIL2) PT Set at €14.00 by equinet AG
ElringKlinger AG (ETR:ZIL2) has been assigned a €14.00 ($16.47) target price by equities researchers at equinet AG in a research note issued to investors on Friday. The brokerage presently has a “sell” rating on the stock. equinet AG’s price target points to a potential downside of 7.28% from the stock’s previous close.
ZIL2 has been the subject of several other reports. Hauck & Aufhaeuser set a €17.00 ($20.00) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Friday, July 28th. 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 Wednesday, July 26th. Berenberg Bank set a €14.50 ($17.06) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Monday, July 24th. Deutsche Bank AG reiterated a “neutral” rating on shares of ElringKlinger AG in a report on Friday, September 15th. Finally, 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. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €16.60 ($19.52).
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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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