Continental (ETR:CON) has been assigned a €184.00 ($213.95) price target by stock analysts at JPMorgan Chase & Co. in a research note issued on Thursday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 33.29% from the stock’s previous close.
Several other brokerages also recently weighed in on CON. Kepler Capital Markets set a €240.00 ($279.07) target price on shares of Continental and gave the company a “buy” rating in a report on Friday, August 3rd. Berenberg Bank set a €180.00 ($209.30) target price on shares of Continental and gave the company a “sell” rating in a report on Wednesday, August 22nd. UBS Group set a €225.00 ($261.63) target price on shares of Continental and gave the company a “buy” rating in a report on Tuesday, September 25th. Sanford C. Bernstein set a €260.00 ($302.33) price objective on shares of Continental and gave the stock a “neutral” rating in a report on Thursday, August 2nd. Finally, BNP Paribas set a €145.00 ($168.60) price objective on shares of Continental and gave the stock a “sell” rating in a report on Tuesday, October 16th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €187.14 ($217.60).
Shares of ETR:CON opened at €138.05 ($160.52) on Thursday. Continental has a fifty-two week low of €186.55 ($216.92) and a fifty-two week high of €257.40 ($299.30).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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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