ElringKlinger (ETR:ZIL2) Given a €4.10 Price Target by Kepler Capital Markets Analysts

ElringKlinger (ETR:ZIL2) has been assigned a €4.10 ($4.77) price objective by Kepler Capital Markets in a research note issued on Friday, June 28th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ target price points to a potential downside of 21.90% from the company’s current price.

Several other equities analysts have also weighed in on the company. Independent Research set a €5.60 ($6.51) price target on ElringKlinger and gave the company a “sell” rating in a research note on Tuesday, May 21st. DZ Bank reaffirmed a “sell” rating on shares of ElringKlinger in a report on Wednesday, May 8th. Deutsche Bank downgraded shares of Ontex Group from a “buy” rating to a “hold” rating in a research report on Wednesday, May 8th. Warburg Research set a €60.00 ($69.77) price objective on shares of Compugroup Medical and gave the company a “neutral” rating in a research report on Tuesday, May 7th. Finally, JPMorgan Chase & Co. set a $60.00 price objective on shares of Bayerische Motoren Werke and gave the company a “sell” rating in a research report on Monday, April 8th. Ten equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. ElringKlinger currently has a consensus rating of “Sell” and a consensus target price of €6.12 ($7.11).

Shares of ETR:ZIL2 traded up €0.05 ($0.06) on Friday, reaching €5.25 ($6.10). The company had a trading volume of 84,180 shares, compared to its average volume of 156,628. ElringKlinger has a 52-week low of €5.03 ($5.85) and a 52-week high of €11.77 ($13.69). The business has a 50 day moving average of €5.29. The firm has a market capitalization of $332.64 million and a price-to-earnings ratio of 20.04. The company has a quick ratio of 0.86, a current ratio of 1.85 and a debt-to-equity ratio of 95.20.

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 lightweight components, thermal and acoustic shielding systems, cylinder-head and specialty gaskets, battery and fuel cell systems, and electric drive units.

See Also: How is a Moving Average Calculated?

Analyst Recommendations for ElringKlinger (ETR:ZIL2)

Receive News & Ratings for ElringKlinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ElringKlinger and related companies with MarketBeat.com's FREE daily email newsletter.