UBS Group set a €130.00 ($151.16) price objective on Continental (ETR:CON) in a report issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
CON has been the subject of a number of other reports. Goldman Sachs Group set a €118.00 ($137.21) price target on Continental and gave the company a neutral rating in a report on Tuesday. Sanford C. Bernstein set a €180.00 ($209.30) price objective on Continental and gave the stock a buy rating in a report on Thursday, August 22nd. JPMorgan Chase & Co. set a €119.00 ($138.37) price objective on Continental and gave the stock a sell rating in a report on Tuesday. Pareto Securities set a €120.00 ($139.53) price objective on Continental and gave the stock a neutral rating in a report on Wednesday, July 24th. Finally, Barclays set a €115.00 ($133.72) price objective on Continental and gave the stock a sell rating in a report on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €133.59 ($155.34).
Shares of Continental stock traded down €0.90 ($1.05) during trading on Tuesday, reaching €123.30 ($143.37). The company’s stock had a trading volume of 629,430 shares, compared to its average volume of 476,379. The stock has a 50-day moving average price of €120.37 and a two-hundred day moving average price of €122.63. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. Continental has a one year low of €103.62 ($120.49) and a one year high of €157.40 ($183.02). The stock has a market capitalization of $24.66 billion and a P/E ratio of 10.29.
Continental Company Profile
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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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