Continental (ETR:CON) received a €125.00 ($145.35) price target from Kepler Capital Markets in a research report issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective indicates a potential upside of 0.64% from the company’s previous close.
A number of other research analysts have also recently issued reports on the company. Jefferies Financial Group set a €133.00 ($154.65) price target on Continental and gave the company a “neutral” rating in a report on Wednesday. Hauck & Aufhaeuser set a €117.00 ($136.05) price target on Continental and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Goldman Sachs Group set a €118.00 ($137.21) price target on Continental and gave the company a “neutral” rating in a report on Tuesday. UBS Group set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a report on Tuesday. Finally, Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental and gave the company a “buy” rating in a report on Tuesday. Two equities research 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 currently has an average rating of “Hold” and an average target price of €133.59 ($155.34).
Shares of Continental stock traded down €2.80 ($3.26) during trading on Wednesday, reaching €124.20 ($144.42). The company’s stock had a trading volume of 668,609 shares, compared to its average volume of 476,379. The stock has a 50-day moving average price of €120.11 and a two-hundred day moving average price of €122.90. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. Continental has a one year low of €103.62 ($120.49) and a one year high of €157.40 ($183.02). The stock has a market capitalization of $24.84 billion and a P/E ratio of 10.36.
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.
Recommended Story: Why does the United States have a lingering trade deficit?
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.