Sanford C. Bernstein set a €240.00 ($285.71) price objective on Continental (ETR:CON) in a research report released on Tuesday, December 26th. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts also recently issued reports on the stock. Deutsche Bank set a €230.00 ($273.81) price objective on shares of Continental and gave the stock a buy rating in a research report on Friday, September 15th. Goldman Sachs Group set a €230.00 ($273.81) target price on shares of Continental and gave the company a buy rating in a research report on Friday, November 10th. Independent Research set a €233.00 ($277.38) target price on shares of Continental and gave the company a neutral rating in a research report on Thursday, December 21st. Commerzbank set a €205.00 ($244.05) price target on shares of Continental and gave the company a neutral rating in a research note on Thursday, September 14th. Finally, BNP Paribas set a €212.00 ($252.38) price target on shares of Continental and gave the company a neutral rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have issued a buy rating to the company. The company currently has an average rating of Buy and an average price target of €239.89 ($285.58).
Shares of Continental (ETR:CON) traded up €1.30 ($1.55) during mid-day trading on Tuesday, reaching €244.10 ($290.60). 286,140 shares of the company’s stock were exchanged, compared to its average volume of 430,697. Continental has a twelve month low of €180.70 ($215.12) and a twelve month high of €256.50 ($305.36). The company has a market cap of $48,820.00 and a P/E ratio of 16.23.
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Continental Company Profile
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.
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