Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental (ETR:CON) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts have also commented on CON. Nord/LB set a €130.00 ($151.16) price objective on Continental and gave the stock a neutral rating in a research note on Wednesday, August 7th. Deutsche Bank set a €120.00 ($139.53) price objective on Continental and gave the stock a neutral rating in a research note on Tuesday, August 20th. Kepler Capital Markets set a €145.00 ($168.60) target price on Continental and gave the stock a neutral rating in a report on Friday, June 28th. Royal Bank of Canada set a €123.00 ($143.02) target price on Continental and gave the stock a neutral rating in a report on Tuesday, August 13th. Finally, Pareto Securities set a €120.00 ($139.53) target price on Continental and gave the stock a neutral rating in a report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €141.22 ($164.21).
Continental stock opened at €106.98 ($124.40) on Thursday. The stock’s 50 day moving average is €118.20 and its 200 day moving average is €132.43. The company has a debt-to-equity ratio of 42.35, a current ratio of 1.02 and a quick ratio of 0.63. The firm has a market cap of $21.40 billion and a P/E ratio of 8.92. Continental has a one year low of €103.62 ($120.49) and a one year high of €162.45 ($188.90).
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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