Jefferies Group set a €260.00 ($320.99) price target on Continental (ETR:CON) in a research note released on Friday, January 5th. The brokerage currently has a buy rating on the stock.
Several other equities research analysts also recently issued reports on CON. Citigroup set a €234.50 ($289.51) price objective on Continental and gave the stock a buy rating in a research note on Thursday, September 28th. Warburg Research set a €250.00 ($308.64) price objective on Continental and gave the stock a buy rating in a research note on Friday, September 29th. Deutsche Bank set a €230.00 ($283.95) price target on Continental and gave the stock a buy rating in a research note on Friday, September 29th. BNP Paribas set a €200.00 ($246.91) price target on Continental and gave the stock a neutral rating in a research note on Friday, September 8th. Finally, equinet set a €265.00 ($327.16) price objective on Continental and gave the company a buy 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 issued a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of €251.00 ($309.88).
Shares of Continental (ETR:CON) traded down €0.90 ($1.11) during mid-day trading on Friday, reaching €241.70 ($298.40). The company had a trading volume of 493,380 shares, compared to its average volume of 421,291. Continental has a fifty-two week low of €180.70 ($223.09) and a fifty-two week high of €256.50 ($316.67). The company has a market capitalization of $48,340.00 and a PE ratio of 16.07.
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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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