Shares of ElringKlinger AG (ETR:ZIL2) have earned a consensus rating of “Sell” from the seventeen analysts that are presently covering the firm, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is €12.38 ($14.56).
ZIL2 has been the subject of a number of analyst reports. JPMorgan Chase & Co. set a €8.40 ($9.88) price objective on ElringKlinger and gave the stock a “sell” rating in a research report on Monday, June 25th. equinet set a €10.00 ($11.76) price objective on ElringKlinger and gave the stock a “sell” rating in a research report on Wednesday, March 28th. Commerzbank set a €12.00 ($14.12) price objective on ElringKlinger and gave the stock a “sell” rating in a research report on Tuesday, April 10th. HSBC set a €10.00 ($11.76) target price on ElringKlinger and gave the stock a “sell” rating in a research note on Thursday, July 5th. Finally, Independent Research set a €13.30 ($15.65) target price on ElringKlinger and gave the stock a “sell” rating in a research note on Tuesday, May 15th.
Shares of ElringKlinger opened at €11.24 ($13.22) on Friday, according to MarketBeat Ratings. ElringKlinger has a 1 year low of €13.48 ($15.86) and a 1 year high of €20.48 ($24.09).
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 cylinder-head and specialty gaskets, lightweight components, and thermal and acoustic parts for engine, transmission, and exhaust tract applications.
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