ElringKlinger (ZIL2) Given a €15.00 Price Target by Warburg Research Analysts

ElringKlinger (ETR:ZIL2) has been given a €15.00 ($17.86) price objective by equities researchers at Warburg Research in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Warburg Research’s target price indicates a potential downside of 19.20% from the company’s current price.

A number of other research analysts have also recently commented on ZIL2. DZ Bank reissued a “neutral” rating on shares of ElringKlinger in a research report on Wednesday, November 29th. set a €15.00 ($17.86) target price on shares of ElringKlinger and gave the stock a “neutral” rating in a research report on Thursday, November 9th. Deutsche Bank reissued a “neutral” rating on shares of ElringKlinger in a research report on Friday, September 15th. Berenberg Bank set a €14.50 ($17.26) target price on shares of ElringKlinger and gave the stock a “neutral” rating in a research report on Wednesday, September 20th. Finally, Metzler set a €14.50 ($17.26) target price on shares of ElringKlinger and gave the stock a “neutral” rating in a research report on Tuesday, November 28th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. ElringKlinger has a consensus rating of “Hold” and an average target price of €15.84 ($18.86).

Shares of ElringKlinger (ETR ZIL2) traded up €0.75 ($0.89) during midday trading on Friday, reaching €18.32 ($21.80). The company’s stock had a trading volume of 954,962 shares, compared to its average volume of 261,389. ElringKlinger has a 1-year low of €13.48 ($16.05) and a 1-year 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.

Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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