ElringKlinger AG (ETR:ZIL2) has been given an average rating of “Sell” by the twelve brokerages that are presently covering the stock, MarketBeat reports. Ten investment analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is €6.12 ($7.11).
A number of research firms recently weighed in on ZIL2. DZ Bank reiterated a “sell” rating on shares of ElringKlinger in a research report on Wednesday, May 8th. Deutsche Bank set a $28.00 price objective on Colfax and gave the stock a “hold” rating in a research report on Wednesday. JPMorgan Chase & Co. set a $60.00 price objective on Bayerische Motoren Werke and gave the stock a “sell” rating in a research report on Monday, April 8th. Kepler Capital Markets restated a “hold” rating on shares of Continental in a research report on Friday, June 28th. Finally, Independent Research set a €5.60 ($6.51) price objective on ElringKlinger and gave the stock a “sell” rating in a research report on Tuesday, May 21st.
Shares of ETR:ZIL2 traded up €0.01 ($0.01) during midday trading on Friday, reaching €5.25 ($6.10). The company had a trading volume of 26,407 shares, compared to its average volume of 156,628. The company has a debt-to-equity ratio of 95.20, a quick ratio of 0.86 and a current ratio of 1.85. ElringKlinger has a 1-year low of €5.03 ($5.85) and a 1-year high of €11.81 ($13.73). The company has a market capitalization of $332.64 million and a price-to-earnings ratio of 20.04. The company has a fifty day simple moving average of €5.35.
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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