ElringKlinger (ETR:ZIL2) PT Set at €3.00 by Kepler Capital Markets
ElringKlinger (ETR:ZIL2) has been assigned a €3.00 ($3.49) price objective by equities research analysts at Kepler Capital Markets in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ price target suggests a potential downside of 29.08% from the stock’s current price.
Separately, JPMorgan Chase & Co. set a €3.20 ($3.72) target price on shares of ElringKlinger and gave the stock a “sell” rating in a research note on Monday. Six research analysts have rated the stock with a sell rating and one has given a hold rating to the company. The stock has an average rating of “Sell” and an average price target of €4.63 ($5.39).
ZIL2 stock traded down €0.29 ($0.34) during trading on Thursday, reaching €4.23 ($4.92). 289,322 shares of the stock were exchanged, compared to its average volume of 156,628. The company has a current ratio of 1.59, a quick ratio of 0.70 and a debt-to-equity ratio of 88.04. The business has a 50 day moving average price of €5.70 and a 200-day moving average price of €6.78. ElringKlinger has a 1 year low of €3.42 ($3.97) and a 1 year high of €9.58 ($11.14). The firm has a market capitalization of $286.70 million and a price-to-earnings ratio of -58.75.
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, manufactures, and sells lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.
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