Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental (ETR:CON) in a research report released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently issued reports on CON. Nord/LB set a €130.00 ($151.16) target price on Continental and gave the company a neutral rating in a research report on Wednesday, August 7th. Royal Bank of Canada set a €123.00 ($143.02) target price on Continental and gave the company a neutral rating in a research report on Tuesday. Warburg Research set a €175.00 ($203.49) target price on Continental and gave the company a buy rating in a research report on Tuesday, July 23rd. JPMorgan Chase & Co. set a €119.00 ($138.37) target price on Continental and gave the company a sell rating in a research report on Wednesday. Finally, Pareto Securities set a €120.00 ($139.53) target price on Continental and gave the company a neutral rating in a research report on Wednesday, July 24th. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €145.06 ($168.68).
CON opened at €106.26 ($123.56) on Friday. The stock’s fifty day moving average is €120.93 and its two-hundred day moving average is €133.41. The company has a market capitalization of $21.25 billion and a P/E ratio of 8.86. Continental has a 52 week low of €103.62 ($120.49) and a 52 week high of €186.10 ($216.40). The company has a quick ratio of 0.63, a current ratio of 1.02 and a debt-to-equity ratio of 42.35.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
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