ElringKlinger AG (ZIL2) Given a €12.00 Price Target by Nord/LB Analysts
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).
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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.
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