JPMorgan Chase & Co. Analysts Give ElringKlinger (ZIL2) a €4.10 Price Target

ElringKlinger (ETR:ZIL2) has been assigned a €4.10 ($4.77) target price by analysts at JPMorgan Chase & Co. in a research report issued on Monday, April 8th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 38.44% from the company’s previous close.

ZIL2 has been the subject of a number of other research reports. Independent Research set a €6.30 ($7.33) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Wednesday, February 20th. DZ Bank reissued a “sell” rating on shares of ElringKlinger in a research report on Wednesday, February 20th. Kepler Capital Markets set a €6.50 ($7.56) target price on shares of ElringKlinger and gave the stock a “sell” rating in a research report on Wednesday, February 20th. Warburg Research set a €6.00 ($6.98) target price on shares of ElringKlinger and gave the stock a “sell” rating in a research report on Wednesday, February 20th. Finally, Deutsche Bank set a €8.00 ($9.30) target price on shares of ElringKlinger and gave the stock a “neutral” rating in a research report on Wednesday, February 20th. Twelve equities research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The stock presently has a consensus rating of “Sell” and a consensus price target of €7.26 ($8.44).

Shares of ETR ZIL2 traded down €0.01 ($0.01) on Monday, reaching €6.66 ($7.74). 46,897 shares of the company traded hands, compared to its average volume of 156,628. ElringKlinger has a fifty-two week low of €5.71 ($6.63) and a fifty-two week high of €15.88 ($18.47). The company has a debt-to-equity ratio of 86.37, a current ratio of 1.50 and a quick ratio of 0.73. The company has a market cap of $421.98 million and a P/E ratio of 9.62.

ElringKlinger Company Profile

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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Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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