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 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.
Featured Article: What is a Derivative?
Receive News & Ratings for ElringKlinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ElringKlinger and related companies with MarketBeat.com's FREE daily email newsletter.