ElringKlinger (ZIL2) Given a €8.00 Price Target by Deutsche Bank Analysts

ElringKlinger (ETR:ZIL2) has been given a €8.00 ($9.30) price objective by stock analysts at Deutsche Bank in a research note issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 26.98% from the stock’s previous close.

A number of other research analysts also recently weighed in on ZIL2. JPMorgan Chase & Co. set a €5.00 ($5.81) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research report on Tuesday. Kepler Capital Markets set a €7.00 ($8.14) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research report on Thursday, November 15th. Hauck & Aufhaeuser set a €8.00 ($9.30) price objective on shares of ElringKlinger and gave the company a “neutral” rating in a research report on Wednesday, November 7th. Commerzbank set a €8.00 ($9.30) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research report on Wednesday, November 7th. Finally, Warburg Research set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research report on Tuesday, November 6th. Twelve research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The stock presently has a consensus rating of “Sell” and a consensus price target of €7.79 ($9.06).

Shares of ElringKlinger stock opened at €6.30 ($7.33) on Wednesday. ElringKlinger has a twelve month low of €13.48 ($15.67) and a twelve month high of €20.48 ($23.81).

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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