Deutsche Bank AG Reaffirms “Neutral” Rating for ElringKlinger AG (ZIL2)

ElringKlinger AG (ETR:ZIL2)‘s stock had its “neutral” rating reiterated by research analysts at Deutsche Bank AG in a research report issued on Friday.

A number of other equities research analysts have also recently commented on ZIL2. Warburg Research set a €18.00 ($21.43) target price on shares of ElringKlinger AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Kepler Capital Markets set a €22.00 ($26.19) target price on shares of ElringKlinger AG and gave the company a “buy” rating in a report on Saturday, May 20th. Independent Research GmbH set a €21.00 ($25.00) price target on shares of ElringKlinger AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €14.00 ($16.67) price target on shares of ElringKlinger AG and gave the stock a “sell” rating in a report on Saturday, May 20th. Finally, Commerzbank Ag set a €19.25 ($22.92) price target on shares of ElringKlinger AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. ElringKlinger AG presently has a consensus rating of “Hold” and a consensus price target of €16.78 ($19.97).

Shares of ElringKlinger AG (ETR:ZIL2) opened at 16.539 on Friday. The firm has a market capitalization of €1.05 billion and a P/E ratio of 12.722. ElringKlinger AG has a 12 month low of €12.77 and a 12 month high of €20.34. The firm’s 50-day moving average price is €15.26 and its 200 day moving average price is €16.93.

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ElringKlinger AG Company Profile

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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