Continental (ETR:CON) PT Set at €120.00 by Deutsche Bank

Deutsche Bank set a €120.00 ($139.53) target price on Continental (ETR:CON) in a research report report published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also commented on the stock. Kepler Capital Markets set a €145.00 ($168.60) target price on shares of Continental and gave the stock a neutral rating in a report on Friday, June 28th. Credit Suisse Group set a €148.00 ($172.09) target price on shares of Continental and gave the stock a neutral rating in a report on Monday, May 20th. Pareto Securities set a €120.00 ($139.53) target price on shares of Continental and gave the stock a neutral rating in a report on Wednesday, July 24th. Jefferies Financial Group set a €130.00 ($151.16) target price on shares of Continental and gave the stock a neutral rating in a report on Wednesday, August 14th. Finally, Royal Bank of Canada set a €123.00 ($143.02) target price on shares of Continental and gave the stock a neutral rating in a report on Tuesday, August 13th. Two equities research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €141.22 ($164.21).

CON opened at €106.98 ($124.40) on Tuesday. The company has a fifty day moving average price of €118.20 and a two-hundred day moving average price of €132.43. The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.63 and a current ratio of 1.02. Continental has a 52 week low of €103.62 ($120.49) and a 52 week high of €186.10 ($216.40). The firm has a market capitalization of $21.40 billion and a PE ratio of 8.92.

About Continental

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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Analyst Recommendations for Continental (ETR:CON)

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