Commerzbank Reiterates “€247.00” Price Target for Continental (CON)

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).

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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.

Analyst Recommendations for Continental (ETR:CON)

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