ElringKlinger AG (ZIL2) Earns “Neutral” Rating from Deutsche Bank AG

Deutsche Bank AG reaffirmed their neutral rating on shares of ElringKlinger AG (ETR:ZIL2) in a report issued on Friday morning.

Other analysts have also issued research reports about the company. DZ Bank AG restated a buy rating on shares of ElringKlinger AG in a report on Monday, June 19th. Hauck & Aufhaeuser set a €27.00 ($32.14) price objective on ElringKlinger AG and gave the company a buy rating in a report on Tuesday, June 13th. Kepler Capital Markets set a €22.00 ($26.19) price objective on ElringKlinger AG and gave the company a buy rating in a report on Thursday, June 8th. Macquarie set a €19.00 ($22.62) price objective on ElringKlinger AG and gave the company a buy rating in a report on Tuesday, August 8th. Finally, Warburg Research set a €18.00 ($21.43) price objective on ElringKlinger AG and gave the company a neutral rating in a report on Saturday, May 20th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €16.78 ($19.97).

ElringKlinger AG (ETR:ZIL2) opened at 16.39 on Friday. The stock’s 50 day moving average price is €15.29 and its 200 day moving average price is €16.92. ElringKlinger AG has a 1-year low of €12.77 and a 1-year high of €20.34. The firm has a market cap of €1.04 billion and a P/E ratio of 12.61.

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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.

Analyst Recommendations for ElringKlinger AG (ETR:ZIL2)

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