Commerzbank set a €247.00 ($304.94) target price on Continental (ETR:CON) in a research note released on Thursday, March 15th. The firm currently has a neutral rating on the stock.
Other equities analysts have also recently issued research reports about the company. UBS set a €253.00 ($312.35) price target on Continental and gave the stock a buy rating in a research note on Thursday, March 8th. Independent Research set a €233.00 ($287.65) price target on Continental and gave the stock a neutral rating in a research note on Tuesday, January 2nd. Deutsche Bank set a €250.00 ($308.64) target price on Continental and gave the company a buy rating in a research note on Thursday, January 4th. Goldman Sachs set a €267.00 ($329.63) target price on Continental and gave the company a buy rating in a research note on Friday, January 5th. Finally, Berenberg Bank set a €150.00 ($185.19) target price on Continental and gave the company a sell rating in a research note on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the company. The company has an average rating of Buy and a consensus price target of €254.43 ($314.12).
Continental stock traded down €0.10 ($0.12) during midday trading on Thursday, hitting €222.70 ($274.94). The company’s stock had a trading volume of 393,137 shares, compared to its average volume of 476,379. Continental has a 12 month low of €186.55 ($230.31) and a 12 month 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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