Berenberg Bank set a €150.00 ($178.57) price objective on Continental (ETR:CON) in a research report sent to investors on Tuesday. The firm currently has a sell rating on the stock.
Other research analysts also recently issued reports about the company. Kepler Capital Markets set a €240.00 ($285.71) price target on Continental and gave the company a buy rating in a report on Tuesday, September 19th. BNP Paribas set a €212.00 ($252.38) price target on Continental and gave the company a neutral rating in a report on Monday, October 16th. Independent Research set a €233.00 ($277.38) price target on Continental and gave the company a neutral rating in a report on Tuesday, January 2nd. Citigroup set a €234.50 ($279.17) price objective on shares of Continental and gave the company a buy rating in a research note on Thursday, September 28th. Finally, Morgan Stanley set a €220.00 ($261.90) price objective on shares of Continental and gave the company a neutral rating in a research note on Monday, October 9th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have given a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of €242.05 ($288.15).
Shares of Continental (CON) traded up €1.50 ($1.79) during trading on Tuesday, hitting €245.30 ($292.02). 430,431 shares of the stock traded hands, compared to its average volume of 411,780. The firm has a market cap of $49,060.00 and a price-to-earnings ratio of 16.31. Continental has a 1-year low of €180.70 ($215.12) and a 1-year high of €256.50 ($305.36).
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Continental Company Profile
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company's 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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