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

ElringKlinger (OTCMKTS:EGKLF – Get Rating) had its target price reduced by JPMorgan Chase & Co. from €14.00 ($14.74) to €11.50 ($12.11) in a research report report published on Tuesday morning, The Fly reports.

ElringKlinger stock opened at $9.35 on Tuesday. ElringKlinger has a 12-month low of $9.35 and a 12-month high of $15.30. The business’s 50-day moving average price is $9.35 and its two-hundred day moving average price is $11.74.

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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