JPMorgan Chase & Co. set a €3.20 ($3.72) price objective on ElringKlinger (ETR:ZIL2) in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
Separately, Kepler Capital Markets set a €4.40 ($5.12) price objective on shares of ElringKlinger and gave the company a sell rating in a research report on Wednesday, February 19th. Six equities research analysts have rated the stock with a sell rating and one has assigned a hold rating to the stock. ElringKlinger has a consensus rating of Sell and an average target price of €4.63 ($5.39).
Shares of ZIL2 opened at €4.53 ($5.26) on Monday. The company’s 50 day moving average price is €5.70 and its 200 day moving average price is €6.78. ElringKlinger has a 52 week low of €3.42 ($3.97) and a 52 week high of €9.58 ($11.14). The company has a market capitalization of $286.70 million and a PE ratio of -62.85. The company has a debt-to-equity ratio of 88.04, a quick ratio of 0.70 and a current ratio of 1.59.
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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