ElringKlinger (OTCMKTS:EGKLF) Given New €11.50 Price Target at JPMorgan Chase & Co.

ElringKlinger (OTCMKTS:EGKLF – Get Rating) had its price objective cut by equities researchers at JPMorgan Chase & Co. from €14.00 ($14.74) to €11.50 ($12.11) in a report issued on Tuesday, The Fly reports.

EGKLF stock opened at $9.35 on Tuesday. ElringKlinger has a one year low of $9.35 and a one year high of $15.30. The firm has a 50-day moving average of $9.42 and a two-hundred day moving average of $11.92.

ElringKlinger Company Profile (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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