Continental (ETR:CON) has been assigned a €270.00 ($333.33) price target by equities researchers at equinet in a research report issued on Wednesday, January 10th. The brokerage presently has a “buy” rating on the stock. equinet’s price target suggests a potential upside of 16.93% from the company’s previous close.
Several other research firms have also commented on CON. Barclays set a €221.00 ($272.84) price target on Continental and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. Morgan Stanley set a €220.00 ($271.60) price target on Continental and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Nord/LB set a €240.00 ($296.30) price target on Continental and gave the stock a “neutral” rating in a research report on Wednesday, January 10th. Warburg Research set a €260.00 ($320.99) price target on Continental and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Finally, Berenberg Bank set a €150.00 ($185.19) price objective on shares of Continental and gave the stock a “sell” rating in a research note on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the stock. Continental presently has an average rating of “Buy” and a consensus target price of €252.36 ($311.56).
Shares of Continental (ETR:CON) traded down €2.50 ($3.09) during trading on Wednesday, hitting €230.90 ($285.06). The stock had a trading volume of 399,431 shares, compared to its average volume of 462,517. The stock has a market capitalization of $46,320.00 and a price-to-earnings ratio of 15.35. Continental has a 52-week low of €186.10 ($229.75) and a 52-week high of €257.40 ($317.78).
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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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