JPMorgan Chase & Co. Trims ElringKlinger (OTCMKTS:EGKLF) Target Price to €11.50

ElringKlinger (OTCMKTS:EGKLFGet Rating) had its price objective cut by JPMorgan Chase & Co. from €14.00 ($14.74) to €11.50 ($12.11) in a research report report published on Tuesday, The Fly reports.

EGKLF stock opened at $9.35 on Tuesday. The business’s 50 day simple moving average is $9.35 and its 200 day simple moving average is $11.74. ElringKlinger has a 1-year low of $9.35 and a 1-year high of $15.30.

About ElringKlinger (Get Rating)

ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.

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