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

ElringKlinger AG (ETR:ZIL2) has been given an average rating of “Hold” by the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Four 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 average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is €15.58 ($18.12).

ZIL2 has been the subject of several analyst reports. Berenberg Bank set a €14.50 ($16.86) price objective on shares of ElringKlinger AG and gave the company a “neutral” rating in a research note on Monday, July 24th. J P Morgan Chase & Co set a €14.00 ($16.28) price objective on shares of ElringKlinger AG and gave the company a “sell” rating in a research note on Wednesday, July 26th. Commerzbank Ag set a €19.25 ($22.38) price objective on shares of ElringKlinger AG and gave the company a “neutral” rating in a research note on Thursday, August 3rd. Hauck & Aufhaeuser set a €17.00 ($19.77) target price on shares of ElringKlinger AG and gave the stock a “neutral” rating in a research report on Friday, July 28th. Finally, equinet AG set a €14.00 ($16.28) target price on shares of ElringKlinger AG and gave the stock a “sell” rating in a research report on Friday, August 4th.

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Shares of ElringKlinger AG (ETR ZIL2) opened at €13.94 ($16.21) on Monday. ElringKlinger AG has a 52 week low of €12.72 ($14.79) and a 52 week high of €20.48 ($23.81).

About ElringKlinger AG

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.

Analyst Recommendations for ElringKlinger AG (ETR:ZIL2)

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