Morgan Stanley set a €150.00 ($174.42) price objective on Continental (ETR:CON) in a research report report published on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts also recently issued reports on CON. Goldman Sachs Group set a €118.00 ($137.21) price target on Continental and gave the company a neutral rating in a report on Monday, August 19th. Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental and gave the company a buy rating in a report on Thursday, August 22nd. Credit Suisse Group set a €148.00 ($172.09) price target on Continental and gave the company a neutral rating in a report on Monday, May 20th. Kepler Capital Markets set a €145.00 ($168.60) price target on Continental and gave the company a neutral rating in a report on Friday, June 28th. Finally, UBS Group set a €130.00 ($151.16) price target on Continental and gave the company a neutral rating in a report on Tuesday, September 3rd. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €138.58 ($161.14).
ETR:CON opened at €124.84 ($145.16) on Friday. Continental has a 1-year low of €103.62 ($120.49) and a 1-year high of €160.45 ($186.57). The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. The firm has a fifty day simple moving average of €115.08 and a 200 day simple moving average of €129.87. The stock has a market capitalization of $24.97 billion and a PE ratio of 10.41.
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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