JPMorgan Chase & Co. Analysts Give ElringKlinger AG (ZIL2) a €14.00 Price Target

JPMorgan Chase & Co. set a €14.00 ($16.47) target price on ElringKlinger AG (ETR:ZIL2) in a research note issued to investors on Tuesday morning. The brokerage currently has a sell rating on the stock.

Other equities research analysts also recently issued reports about the stock. DZ Bank AG reissued a buy rating on shares of ElringKlinger AG in a report on Monday, June 19th. Hauck & Aufhaeuser set a €27.00 ($31.76) price target on shares of ElringKlinger AG and gave the stock a buy rating in a report on Tuesday, June 13th. Kepler Capital Markets set a €22.00 ($25.88) price target on shares of ElringKlinger AG and gave the stock a buy rating in a report on Thursday, June 8th. Commerzbank Ag set a €19.25 ($22.65) price target on shares of ElringKlinger AG and gave the stock a neutral rating in a report on Saturday, May 20th. Finally, Independent Research GmbH set a €21.00 ($24.71) price target on shares of ElringKlinger AG and gave the stock a neutral rating in a report on Saturday, May 20th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €16.78 ($19.74).

ElringKlinger AG (ETR ZIL2) opened at 15.243 on Tuesday. The company has a market capitalization of €965.78 million and a price-to-earnings ratio of 11.725. ElringKlinger AG has a 12-month low of €12.77 and a 12-month high of €20.34. The firm has a 50-day moving average of €16.44 and a 200 day moving average of €17.08.

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About ElringKlinger AG

Elringklinger AG is a Germany-based automotive supplier. The Company operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, produces and sells parts and assemblies for vehicle engines, transmission units and exhaust systems, as well as battery and fuel cell components.

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