A number of other equities research analysts have also commented on the stock. Metzler set a €14.50 ($17.26) target price on shares of ElringKlinger and gave the company a neutral rating in a research report on Tuesday, November 28th. Independent Research set a €16.40 ($19.52) price objective on shares of ElringKlinger and gave the stock a neutral rating in a report on Wednesday, November 29th. Oddo Bhf set a €10.00 ($11.90) price objective on shares of ElringKlinger and gave the stock a sell rating in a report on Tuesday, November 7th. Deutsche Bank set a €16.00 ($19.05) price objective on shares of ElringKlinger and gave the stock a neutral rating in a report on Wednesday, November 8th. Finally, Kepler Capital Markets set a €18.00 ($21.43) target price on shares of ElringKlinger and gave the company a buy rating in a report on Wednesday, November 8th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €15.84 ($18.86).
ElringKlinger (ETR:ZIL2) traded up €0.01 ($0.01) during mid-day trading on Tuesday, reaching €18.68 ($22.23). 65,839 shares of the company were exchanged, compared to its average volume of 279,290. ElringKlinger has a twelve month low of €13.48 ($16.05) and a twelve month high of €20.48 ($24.38). The firm has a market cap of $1,180.00 and a PE ratio of 14.94.
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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.
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