Continental (ETR:CON) received a €130.00 ($151.16) target price from stock analysts at DZ Bank in a research report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. DZ Bank’s price target indicates a potential upside of 5.43% from the company’s current price.
CON has been the topic of a number of other reports. Kepler Capital Markets set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a research note on Thursday, September 26th. Warburg Research set a €175.00 ($203.49) price target on Continental and gave the company a “buy” rating in a research note on Monday, September 9th. Hauck & Aufhaeuser set a €117.00 ($136.05) price target on Continental and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. Deutsche Bank set a €120.00 ($139.53) price objective on Continental and gave the stock a “neutral” rating in a research report on Tuesday, August 20th. Finally, Barclays set a €115.00 ($133.72) price objective on Continental and gave the stock a “sell” rating in a research report on Tuesday, October 8th. Two investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €133.59 ($155.34).
Shares of CON stock traded down €0.90 ($1.05) during mid-day trading on Tuesday, reaching €123.30 ($143.37). 629,430 shares of the stock traded hands, compared to its average volume of 476,379. The stock’s fifty day simple moving average is €120.37 and its two-hundred day simple moving average is €122.63. Continental has a 1-year low of €103.62 ($120.49) and a 1-year high of €157.40 ($183.02). The company has a market cap of $24.66 billion and a price-to-earnings ratio of 10.29. 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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