equinet set a €270.00 ($321.43) price objective on Continental (ETR:CON) in a research note released on Wednesday. The brokerage currently has a buy rating on the stock.
Several other analysts have also recently commented on CON. Jefferies Group set a €225.00 ($267.86) price target on shares of Continental and gave the company a buy rating in a research note on Tuesday, September 12th. JPMorgan Chase & Co. set a €223.00 ($265.48) price target on shares of Continental and gave the company a neutral rating in a research note on Wednesday, September 13th. Sanford C. Bernstein set a €240.00 ($285.71) price target on shares of Continental and gave the company a buy rating in a research note on Wednesday, September 13th. Commerzbank set a €205.00 ($244.05) price objective on shares of Continental and gave the company a neutral rating in a research note on Thursday, September 14th. Finally, Deutsche Bank set a €230.00 ($273.81) price objective on shares of Continental and gave the company a buy rating in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the company. The company has an average rating of Buy and a consensus price target of €239.89 ($285.58).
Shares of Continental (ETR CON) opened at €244.10 ($290.60) on Wednesday. Continental has a 52 week low of €180.70 ($215.12) and a 52 week 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 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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