Nord/LB set a €150.00 ($174.42) target price on Continental (ETR:CON) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research firms have also recently commented on CON. UBS Group set a €130.00 ($151.16) price objective on shares of Continental and gave the company a neutral rating in a research report on Monday, April 22nd. Deutsche Bank set a €180.00 ($209.30) price target on shares of Continental and gave the company a buy rating in a research note on Friday, April 12th. Sanford C. Bernstein set a €210.00 ($244.19) price target on shares of Continental and gave the company a buy rating in a research note on Wednesday, April 24th. Hauck & Aufhaeuser set a €155.00 ($180.23) price target on shares of Continental and gave the company a neutral rating in a research note on Friday, April 26th. Finally, JPMorgan Chase & Co. set a €137.00 ($159.30) price target on shares of Continental and gave the company a neutral rating in a research note on Friday, April 26th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €159.90 ($185.93).
Shares of ETR CON opened at €129.86 ($151.00) on Thursday. The firm has a market cap of $25.98 billion and a PE ratio of 9.49. Continental has a twelve month low of €118.30 ($137.56) and a twelve month high of €228.00 ($265.12). The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 33.20.
Continental Company Profile
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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