Continental (ETR:CON) has been given a €120.00 ($139.53) price target by stock analysts at UBS Group in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential upside of 7.41% from the company’s previous close.
Several other analysts have also issued reports on the company. Hauck & Aufhaeuser set a €117.00 ($136.05) target price on Continental and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. JPMorgan Chase & Co. set a €119.00 ($138.37) target price on Continental and gave the company a “sell” rating in a research note on Monday, January 6th. Royal Bank of Canada set a €120.00 ($139.53) target price on Continental and gave the company a “neutral” rating in a research note on Monday, December 2nd. Barclays set a €115.00 ($133.72) target price on Continental and gave the company a “sell” rating in a research note on Wednesday, November 13th. Finally, Independent Research set a €130.00 ($151.16) target price on Continental and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €131.32 ($152.70).
Shares of CON opened at €111.72 ($129.91) on Wednesday. The firm has a market cap of $22.34 billion and a PE ratio of -104.02. The stock’s fifty day moving average price is €116.48 and its two-hundred day moving average price is €118.40. The company has a debt-to-equity ratio of 47.97, a current ratio of 1.05 and a quick ratio of 0.66. Continental has a 1 year low of €103.62 ($120.49) and a 1 year high of €157.40 ($183.02).
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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