Several other analysts have also weighed in on the company. Hauck & Aufhaeuser set a €8.00 ($9.30) target price on ElringKlinger and gave the company a neutral rating in a report on Wednesday. Commerzbank set a €8.00 ($9.30) target price on ElringKlinger and gave the company a sell rating in a report on Wednesday. Deutsche Bank set a €10.00 ($11.63) target price on ElringKlinger and gave the company a neutral rating in a report on Wednesday. Warburg Research set a €10.00 ($11.63) target price on ElringKlinger and gave the company a sell rating in a report on Tuesday. Finally, DZ Bank reissued a neutral rating on shares of ElringKlinger in a report on Wednesday, October 10th. Eleven analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company has an average rating of Sell and an average target price of €10.28 ($11.95).
ElringKlinger stock traded up €0.11 ($0.13) during trading hours on Friday, hitting €7.86 ($9.14). The stock had a trading volume of 133,127 shares, compared to its average volume of 156,628. ElringKlinger has a 1-year low of €13.48 ($15.67) and a 1-year high of €20.48 ($23.81).
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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