ElringKlinger AG (ETR:ZIL2) Given a €18.00 Price Target at Warburg Research
ZIL2 has been the subject of a number of other reports. Hauck & Aufhaeuser set a €17.00 ($20.00) target price on ElringKlinger AG and gave the company a neutral rating in a report on Friday, July 28th. Nord/LB set a €15.00 ($17.65) target price on ElringKlinger AG and gave the company a sell rating in a report on Thursday, June 1st. Berenberg Bank set a €18.00 ($21.18) target price on ElringKlinger AG and gave the company a neutral rating in a report on Thursday, May 25th. Kepler Capital Markets set a €22.00 ($25.88) target price on ElringKlinger AG and gave the company a buy rating in a report on Thursday, June 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 research report on Wednesday, July 26th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of €16.78 ($19.74).
Shares of ElringKlinger AG (ZIL2) opened at 15.12 on Monday. ElringKlinger AG has a 12-month low of €12.77 and a 12-month high of €20.34. The company has a 50 day moving average price of €16.68 and a 200 day moving average price of €17.12. The company has a market capitalization of €957.99 million and a P/E ratio of 11.06.
About ElringKlinger AG
Elringklinger AG is a Germany-based automotive supplier. The Company operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, produces and sells parts and assemblies for vehicle engines, transmission units and exhaust systems, as well as battery and fuel cell components.
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