Continental (ETR:CON) received a €267.00 ($329.63) target price from equities researchers at Goldman Sachs Group in a research report issued to clients and investors on Thursday, January 11th. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 14.40% from the stock’s previous close.
CON has been the subject of a number of other research reports. Barclays set a €221.00 ($272.84) price objective on shares of Continental and gave the company a “neutral” rating in a research note on Friday, November 10th. UBS Group set a €230.00 ($283.95) target price on shares of Continental and gave the stock a “buy” rating in a research report on Friday, December 15th. Independent Research set a €221.00 ($272.84) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Friday, November 10th. equinet set a €265.00 ($327.16) price objective on shares of Continental and gave the company a “buy” rating in a research report on Monday, October 9th. Finally, Commerzbank set a €205.00 ($253.09) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €251.00 ($309.88).
Continental (ETR CON) traded down €5.40 ($6.67) on Thursday, reaching €233.40 ($288.15). 589,845 shares of the company were exchanged, compared to its average volume of 433,872. Continental has a 12-month low of €181.90 ($224.57) and a 12-month high of €257.40 ($317.78). The firm has a market cap of $46,760.00 and a P/E ratio of 15.52.
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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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