Continental (ETR:CON) has been given a €180.00 ($209.30) target price by equities researchers at Kepler Capital Markets in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would suggest a potential upside of 36.93% from the company’s previous close.
Several other research firms have also commented on CON. Berenberg Bank set a €180.00 ($209.30) price objective on shares of Continental and gave the stock a “sell” rating in a research report on Wednesday, August 22nd. UBS Group set a €225.00 ($261.63) target price on shares of Continental and gave the company a “buy” rating in a research note on Tuesday, September 25th. Sanford C. Bernstein set a €260.00 ($302.33) target price on shares of Continental and gave the company a “neutral” rating in a research note on Thursday, August 2nd. BNP Paribas set a €145.00 ($168.60) target price on shares of Continental and gave the company a “sell” rating in a research note on Tuesday. Finally, Deutsche Bank set a €240.00 ($279.07) target price on shares of Continental and gave the company a “buy” rating in a research note on Thursday, July 19th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €195.90 ($227.80).
Shares of Continental stock traded down €6.30 ($7.33) on Friday, hitting €131.45 ($152.85). The company’s stock had a trading volume of 1,468,063 shares, compared to its average volume of 476,379. Continental has a 52-week low of €186.55 ($216.92) and a 52-week high of €257.40 ($299.30).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It operates through Chassis&Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis&Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
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