Continental (CON) PT Set at €157.00 by Goldman Sachs Group

Continental (ETR:CON) has been given a €157.00 ($182.56) target price by analysts at Goldman Sachs Group in a research report issued to clients and investors on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would indicate a potential upside of 16.78% from the company’s previous close.

Several other research firms have also commented on CON. Independent Research set a €142.00 ($165.12) target price on shares of Continental and gave the company a “neutral” rating in a research note on Tuesday, January 15th. Deutsche Bank set a €180.00 ($209.30) target price on shares of Continental and gave the company a “buy” rating in a research note on Tuesday, January 29th. Credit Suisse Group set a €152.00 ($176.74) target price on shares of Continental and gave the company a “neutral” rating in a research note on Thursday, March 28th. Kepler Capital Markets set a €170.00 ($197.67) target price on shares of Continental and gave the company a “buy” rating in a research note on Friday, January 11th. Finally, UBS Group set a €130.00 ($151.16) target price on shares of Continental and gave the company a “neutral” rating in a research note on Monday, April 22nd. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. Continental presently has an average rating of “Hold” and a consensus price target of €160.33 ($186.43).

Continental stock opened at €134.44 ($156.33) on Friday. The company has a quick ratio of 0.74, a current ratio of 1.07 and a debt-to-equity ratio of 25.13. The company has a market capitalization of $26.89 billion and a PE ratio of 9.28. Continental has a 12-month low of €118.30 ($137.56) and a 12-month high of €229.40 ($266.74).

About Continental

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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Analyst Recommendations for Continental (ETR:CON)

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