Continental (ETR:CON) PT Set at €270.00 by equinet

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.

Analyst Recommendations for Continental (ETR:CON)

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