ElringKlinger AG (ETR:ZIL2) has been given a €12.00 ($13.95) target price by equities researchers at Nord/LB in a note issued to investors on Monday. The brokerage presently has a “sell” rating on the stock. Nord/LB’s price objective points to a potential downside of 14.29% from the stock’s current price.

Several other analysts have also issued reports on ZIL2. Deutsche Bank AG set a €16.00 ($18.60) target price on ElringKlinger AG and gave the stock a “neutral” rating in a report on Wednesday, November 8th. Warburg Research set a €16.00 ($18.60) target price on ElringKlinger AG and gave the stock a “neutral” rating in a report on Wednesday, November 8th. set a €15.00 ($17.44) target price on ElringKlinger AG and gave the stock a “neutral” rating in a report on Thursday, November 9th. equinet AG set a €14.00 ($16.28) target price on ElringKlinger AG and gave the stock a “sell” rating in a report on Monday, October 9th. Finally, Commerzbank Ag set a €19.25 ($22.38) target price on ElringKlinger AG and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €15.29 ($17.78).

Shares of ElringKlinger AG (ETR ZIL2) opened at €14.00 ($16.28) on Monday. ElringKlinger AG has a 1 year low of €12.77 ($14.85) and a 1 year high of €20.48 ($23.81).

WARNING: “ElringKlinger AG (ZIL2) Given a €12.00 Price Target by Nord/LB Analysts” was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/11/15/elringklinger-ag-zil2-given-a-12-00-price-target-by-nordlb-analysts.html.

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)

Receive News & Stock Ratings for ElringKlinger AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ElringKlinger AG and related stocks with our FREE daily email newsletter.