ElringKlinger AG (ZIL2) Receives Consensus Recommendation of “Sell” from Analysts

ElringKlinger AG (ETR:ZIL2) has received an average recommendation of “Sell” from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. Eleven analysts have rated the stock with a sell recommendation and two have assigned a hold recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is €6.91 ($8.03).

A number of analysts recently commented on the company. DZ Bank reaffirmed a “sell” rating on shares of ElringKlinger in a research report on Wednesday, May 8th. Deutsche Bank set a €5.50 ($6.40) target price on ElringKlinger and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Warburg Research set a €5.00 ($5.81) target price on ElringKlinger and gave the company a “sell” rating in a research report on Tuesday, May 7th. JPMorgan Chase & Co. set a €4.10 ($4.77) price objective on ElringKlinger and gave the stock a “sell” rating in a report on Monday, April 8th. Finally, Credit Suisse Group set a €4.00 ($4.65) price objective on ElringKlinger and gave the stock a “sell” rating in a report on Friday, February 22nd.

Shares of ElringKlinger stock opened at €5.90 ($6.86) on Friday. ElringKlinger has a one year low of €5.60 ($6.51) and a one year high of €14.36 ($16.70). The stock has a market capitalization of $373.82 million and a P/E ratio of 8.53. The company has a debt-to-equity ratio of 86.37, a current ratio of 1.50 and a quick ratio of 0.73.

About ElringKlinger

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 lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.

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Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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