ElringKlinger AG (ZIL2) Given “Buy” Rating at DZ Bank AG

ElringKlinger AG (ETR:ZIL2)‘s stock had its “buy” rating reaffirmed by stock analysts at DZ Bank AG in a research report issued on Tuesday, August 8th.

ZIL2 has been the subject of a number of other reports. Deutsche Bank AG set a €16.00 ($18.82) price objective on ElringKlinger AG and gave the stock a “neutral” rating in a research note on Tuesday, August 8th. Independent Research GmbH set a €15.80 ($18.59) price objective on ElringKlinger AG and gave the stock a “neutral” rating in a research note on Tuesday, August 8th. J P Morgan Chase & Co set a €14.00 ($16.47) price objective on ElringKlinger AG and gave the stock a “sell” rating in a research note on Tuesday, August 8th. Macquarie set a €19.00 ($22.35) price objective on ElringKlinger AG and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Finally, equinet AG set a €14.00 ($16.47) price objective on ElringKlinger AG and gave the stock a “sell” rating in a research note on Friday, August 4th. Three analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. ElringKlinger AG presently has a consensus rating of “Hold” and a consensus price target of €16.78 ($19.74).

Shares of ElringKlinger AG (ZIL2) traded down 0.145% during trading on Tuesday, hitting €15.103. 944 shares of the stock were exchanged. The stock has a market cap of €956.91 million and a PE ratio of 11.618. The stock’s 50 day moving average price is €16.20 and its 200 day moving average price is €17.01. ElringKlinger AG has a one year low of €12.77 and a one year high of €20.34.

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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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