ElringKlinger AG (ZIL2) Given Average Recommendation of “Sell” by Analysts

Shares of ElringKlinger AG (ETR:ZIL2) have been given an average rating of “Sell” by the fourteen brokerages that are covering the firm, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is €8.55 ($9.95).

Several equities analysts have issued reports on ZIL2 shares. Warburg Research set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Tuesday, November 6th. HSBC set a €6.50 ($7.56) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Thursday, December 6th. Kepler Capital Markets set a €7.00 ($8.14) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Thursday, November 15th. Deutsche Bank set a €10.00 ($11.63) price objective on shares of ElringKlinger and gave the company a “neutral” rating in a research note on Wednesday, November 7th. Finally, Independent Research set a €6.70 ($7.79) price objective on shares of ElringKlinger and gave the company a “sell” rating in a research note on Monday, November 19th.

Shares of ZIL2 opened at €7.57 ($8.80) on Friday. ElringKlinger has a 1 year low of €13.48 ($15.67) and a 1 year high of €20.48 ($23.81).

ElringKlinger Company Profile

ElringKlinger AG develops, manufactures, and distributes technical and chemical products for the automotive sector and the general manufacturing industry worldwide. It operates through five segments: Original Equipment, Aftermarket, Engineered Plastics, Services, and Industrial Parks. The Original Equipment segment develops, manufactures, and sells cylinder-head and specialty gaskets, lightweight components, and thermal and acoustic parts for engine, transmission, and exhaust tract applications.

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Analyst Recommendations for ElringKlinger (ETR:ZIL2)

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