Continental (CON) Given a €267.00 Price Target by Goldman Sachs Group Analysts

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.

Analyst Recommendations for Continental (ETR:CON)

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