Several other analysts also recently commented on the company. J P Morgan Chase & Co set a €14.00 ($16.47) price objective on ElringKlinger AG and gave the stock a sell rating in a research note on Wednesday, July 26th. Berenberg Bank set a €14.50 ($17.06) price objective on ElringKlinger AG and gave the stock a neutral rating in a research note on Monday, July 24th. DZ Bank AG reissued a buy rating on shares of ElringKlinger AG in a research note on Monday, June 19th. Kepler Capital Markets set a €22.00 ($25.88) price objective on ElringKlinger AG and gave the stock a buy rating in a research note on Thursday, June 8th. Finally, Nord/LB set a €15.00 ($17.65) price objective on ElringKlinger AG and gave the stock a sell rating in a research note on Thursday, June 1st. Three equities 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 company’s stock. ElringKlinger AG has an average rating of Hold and an average price target of €16.78 ($19.74).
ElringKlinger AG (ETR:ZIL2) opened at 15.255 on Friday. The firm has a market cap of €966.54 million and a price-to-earnings ratio of 11.159. 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.
ElringKlinger AG Company Profile
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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