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 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.
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