ElringKlinger (ZIL2) Given a €14.50 Price Target at Berenberg Bank

Berenberg Bank set a €14.50 ($17.26) target price on ElringKlinger (ETR:ZIL2) in a research note published on Tuesday. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on ZIL2. Warburg Research set a €18.00 ($21.43) target price on ElringKlinger and gave the stock a neutral rating in a research report on Monday, August 7th. Deutsche Bank set a €16.00 ($19.05) target price on ElringKlinger and gave the stock a neutral rating in a research report on Tuesday, August 8th. J P Morgan Chase & Co set a €14.00 ($16.67) target price on ElringKlinger and gave the stock a sell rating in a research report on Tuesday, August 8th. Macquarie set a €19.00 ($22.62) target price on ElringKlinger and gave the stock a buy rating in a research report on Tuesday, August 8th. Finally, Independent Research set a €15.80 ($18.81) price objective on ElringKlinger and gave the stock a neutral rating in a research report on Tuesday, August 8th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €15.38 ($18.31).

ElringKlinger (ZIL2) opened at €15.68 ($18.66) on Tuesday. ElringKlinger has a 1-year low of €12.97 ($15.44) and a 1-year high of €20.48 ($24.38).

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About ElringKlinger

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)

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