Continental (ETR:CON) PT Set at €130.00 by UBS Group

Continental (ETR:CON) has been given a €130.00 ($151.16) price target by research analysts at UBS Group in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 5.43% from the company’s previous close.

CON has been the subject of several other reports. Morgan Stanley set a €150.00 ($174.42) target price on shares of Continental and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Sanford C. Bernstein set a €180.00 ($209.30) target price on shares of Continental and gave the stock a “buy” rating in a report on Thursday, August 22nd. Barclays set a €115.00 ($133.72) target price on shares of Continental and gave the stock a “sell” rating in a report on Tuesday, October 8th. 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. Finally, Deutsche Bank set a €120.00 ($139.53) target price on shares of Continental and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €133.59 ($155.34).

Shares of CON traded down €0.90 ($1.05) during midday trading on Tuesday, hitting €123.30 ($143.37). The stock had a trading volume of 629,430 shares, compared to its average volume of 476,379. Continental has a fifty-two week low of €103.62 ($120.49) and a fifty-two week high of €157.40 ($183.02). The business has a 50-day simple moving average of €120.37 and a two-hundred day simple moving average of €122.63. The firm has a market cap of $24.66 billion and a P/E ratio of 10.29. 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 Company Profile

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.

Featured Article: Different Types of Derivatives

Analyst Recommendations for Continental (ETR:CON)

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.