ElringKlinger AG (ZIL2) Receives Consensus Recommendation of “Hold” from Brokerages
ElringKlinger AG (ETR:ZIL2) has earned an average rating of “Hold” from the fifteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is €15.33 ($18.25).
A number of brokerages recently issued reports on ZIL2. DZ Bank reaffirmed a “neutral” rating on shares of ElringKlinger in a report on Wednesday, November 29th. equinet set a €14.00 ($16.67) price target on ElringKlinger and gave the company a “sell” rating in a report on Monday, October 9th. Deutsche Bank reaffirmed a “neutral” rating on shares of ElringKlinger in a report on Friday, September 15th. Berenberg Bank set a €14.50 ($17.26) price target on ElringKlinger and gave the company a “neutral” rating in a report on Tuesday. Finally, Commerzbank set a €19.25 ($22.92) price target on ElringKlinger and gave the company a “neutral” rating in a report on Thursday, October 26th.
ElringKlinger (ZIL2) opened at €15.68 ($18.67) on Friday. ElringKlinger has a fifty-two week low of €12.97 ($15.44) and a fifty-two week high of €20.48 ($24.38).
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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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