Continental AG (CON) PT Set at €230.00 by UBS AG

Continental AG (ETR:CON) received a €230.00 ($270.59) price objective from analysts at UBS AG in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock.

Several other equities analysts have also commented on the stock. Sanford C. Bernstein set a €240.00 ($282.35) price objective on shares of Continental AG and gave the stock a “buy” rating in a report on Monday. Morgan Stanley set a €220.00 ($258.82) price objective on shares of Continental AG and gave the stock a “neutral” rating in a report on Monday. equinet AG set a €265.00 ($311.76) price objective on shares of Continental AG and gave the stock a “buy” rating in a report on Monday. Deutsche Bank AG set a €230.00 ($270.59) price objective on shares of Continental AG and gave the stock a “buy” rating in a report on Friday, September 29th. Finally, Warburg Research set a €250.00 ($294.12) price objective on shares of Continental AG and gave the stock a “buy” rating in a report on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of €222.08 ($261.26).

Shares of Continental AG (CON) opened at 215.425 on Wednesday. The firm has a 50-day moving average of €204.30 and a 200 day moving average of €199.43. Continental AG has a 52 week low of €158.35 and a 52 week high of €217.73. The company has a market cap of €43.09 billion and a P/E ratio of 16.199.

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About Continental AG

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company’s Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.

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