ElringKlinger (ZIL2) PT Set at €12.50 by Nord/LB

ElringKlinger (ETR:ZIL2) has been given a €12.50 ($15.43) price objective by equities research analysts at Nord/LB in a note issued to investors on Wednesday. The brokerage currently has a “sell” rating on the stock. Nord/LB’s price target would indicate a potential downside of 10.84% from the company’s current price.

Several other research analysts have also issued reports on ZIL2. Hauck & Aufhaeuser set a €25.00 ($30.86) target price on ElringKlinger and gave the stock a “buy” rating in a research report on Wednesday, December 20th. Warburg Research set a €15.00 ($18.52) price target on ElringKlinger and gave the stock a “neutral” rating in a research note on Friday, December 22nd. DZ Bank restated a “neutral” rating on shares of ElringKlinger in a research note on Thursday, January 4th. JPMorgan Chase set a €13.10 ($16.17) price target on ElringKlinger and gave the stock a “sell” rating in a research note on Friday, January 5th. Finally, Commerzbank set a €16.00 ($19.75) price target on ElringKlinger and gave the stock a “neutral” rating in a research note on Friday, January 12th. Seven research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. ElringKlinger currently has an average rating of “Hold” and an average price target of €14.81 ($18.28).

Shares of ZIL2 opened at €14.02 ($17.31) on Wednesday. ElringKlinger has a 1 year low of €13.48 ($16.64) and a 1 year high of €20.48 ($25.28).

TRADEMARK VIOLATION WARNING: This story was reported by Dakota Financial News and is owned by of Dakota Financial News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://dakotafinancialnews.com/2018/04/13/elringklinger-zil2-pt-set-at-12-50-by-nord-lb.html.



ElringKlinger 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.

Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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.

Leave a Reply