Berenberg Bank Reiterates “€14.50” Price Target for ElringKlinger AG (ZIL2)

ElringKlinger AG (ETR:ZIL2) has been given a €14.50 ($17.06) price objective by stock analysts at Berenberg Bank in a report issued on Monday, July 24th. The firm currently has a “neutral” rating on the stock.

ZIL2 has been the topic of a number of other research reports. Nord/LB set a €15.00 ($17.65) target price on ElringKlinger AG and gave the company a “sell” rating in a report on Thursday, June 1st. Commerzbank Ag set a €19.25 ($22.65) target price on ElringKlinger AG and gave the company a “neutral” rating in a report on Saturday, May 20th. Kepler Capital Markets set a €22.00 ($25.88) target price on ElringKlinger AG and gave the company a “buy” rating in a report on Thursday, June 8th. J P Morgan Chase & Co set a €14.00 ($16.47) target price on ElringKlinger AG and gave the company a “sell” rating in a report on Saturday, May 20th. Finally, DZ Bank AG reaffirmed a “buy” rating on shares of ElringKlinger AG in a report on Monday, June 19th. 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. The stock currently has a consensus rating of “Hold” and an average target price of €16.78 ($19.74).

Shares of ElringKlinger AG (ETR ZIL2) traded down 0.145% during trading on Monday, hitting €15.103. The company’s stock had a trading volume of 944 shares. ElringKlinger AG has a 1-year low of €12.77 and a 1-year high of €20.34. The firm’s 50 day moving average is €16.20 and its 200-day moving average is €17.01. The company has a market capitalization of €956.91 million and a P/E ratio of 11.618.

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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.

Analyst Recommendations for ElringKlinger AG (ETR:ZIL2)

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