ElringKlinger AG (ETR:ZIL2) received a €12.00 ($13.95) price target from equities research analysts at Nord/LB in a research report issued to clients and investors on Monday. The brokerage presently has a “sell” rating on the stock. Nord/LB’s target price would indicate a potential downside of 13.85% from the company’s current price.
Several other equities analysts have also recently weighed in on ZIL2. HSBC Holdings plc set a €15.00 ($17.44) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Thursday. Kepler Capital Markets set a €18.00 ($20.93) price target on ElringKlinger AG and gave the company a “buy” rating in a report on Wednesday, November 8th. Deutsche Bank AG set a €16.00 ($18.60) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Wednesday, November 8th. Warburg Research set a €16.00 ($18.60) price target on ElringKlinger AG and gave the company a “neutral” rating in a report on Wednesday, November 8th. Finally, Oddo Bhf set a €10.00 ($11.63) price target on ElringKlinger AG and gave the company a “sell” rating in a report on Tuesday, November 7th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of €15.35 ($17.85).
ElringKlinger AG (ETR ZIL2) opened at €13.93 ($16.20) on Monday. ElringKlinger AG has a 12-month low of €12.72 ($14.79) and a 12-month high of €20.48 ($23.81).
WARNING: “ElringKlinger AG (ZIL2) Given a €12.00 Price Target by Nord/LB Analysts” was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2017/11/13/elringklinger-ag-zil2-given-a-12-00-price-target-by-nordlb-analysts.html.
ElringKlinger AG Company Profile
ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, produces, and markets cylinder-head, specialty gaskets, and lightweight plastic components and housing modules for the powertrain and vehicle body, as well as thermal and acoustic parts for engine, transmission, and exhaust tract applications.
Receive News & Ratings for ElringKlinger AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ElringKlinger AG and related companies with MarketBeat.com's FREE daily email newsletter.