Deutsche Bank AG Reiterates “€16.00” Price Target for ElringKlinger AG (ZIL2)
Deutsche Bank AG set a €16.00 ($18.82) target price on ElringKlinger AG (ETR:ZIL2) in a research report sent to investors on Tuesday morning. The brokerage currently has a neutral rating on the stock.
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 research 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 research 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 research report on Thursday, May 25th. 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 note on Wednesday, July 26th. Finally, Commerzbank Ag set a €19.25 ($22.65) price target on ElringKlinger AG and gave the company a neutral rating in a research note on Saturday, May 20th. Three research 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 currently has a consensus rating of Hold and an average price target of €16.78 ($19.74).
ElringKlinger AG (ETR:ZIL2) traded up 1.512% on Tuesday, reaching €15.303. The company’s stock had a trading volume of 13,819 shares. The firm’s 50-day moving average price is €16.64 and its 200-day moving average price is €17.11. ElringKlinger AG has a 52-week low of €12.77 and a 52-week high of €20.34. The stock has a market cap of €969.58 million and a price-to-earnings ratio of 11.195.
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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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