Goldman Sachs Group, Inc. (The) set a €230.00 ($270.59) target price on Continental AG (ETR:CON) in a research note published on Friday morning. The firm currently has a buy rating on the stock.
A number of other analysts have also recently commented on CON. Kepler Capital Markets set a €240.00 ($282.35) target price on shares of Continental AG and gave the company a buy rating in a report on Wednesday, August 9th. Deutsche Bank AG set a €230.00 ($270.59) target price on shares of Continental AG and gave the company a buy rating in a report on Wednesday, August 9th. J P Morgan Chase & Co set a €223.00 ($262.35) target price on shares of Continental AG and gave the company a neutral rating in a report on Friday, August 4th. Jefferies Group LLC set a €216.00 ($254.12) target price on shares of Continental AG and gave the company a buy rating in a report on Monday, August 7th. Finally, Commerzbank Ag set a €205.00 ($241.18) target price on shares of Continental AG and gave the company a neutral rating in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. The stock presently has an average rating of Buy and an average price target of €222.58 ($261.85).
Continental AG (ETR:CON) traded up 0.95% on Friday, reaching €217.60. 1,505 shares of the company’s stock traded hands. The company has a market cap of €43.52 billion and a PE ratio of 16.36. The firm’s 50 day moving average price is €211.24 and its 200 day moving average price is €200.39. Continental AG has a 12 month low of €158.35 and a 12 month high of €218.40.
WARNING: “Continental AG (CON) Given a €230.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2017/10/28/continental-ag-con-given-a-230-00-price-target-by-goldman-sachs-group-inc-the-analysts.html.
About Continental AG
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.
Receive News & Ratings for Continental AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental AG and related companies with MarketBeat.com's FREE daily email newsletter.