Berenberg Bank Reiterates €150.00 Price Target for Continental AG (CON)

Berenberg Bank set a €150.00 ($178.57) price objective on Continental AG (ETR:CON) in a research report released on Wednesday morning. The brokerage currently has a sell rating on the stock.

Several other equities analysts also recently weighed in on CON. Kepler Capital Markets set a €240.00 ($285.71) target price on Continental AG and gave the company a buy rating in a research report on Wednesday, August 9th. Deutsche Bank AG set a €230.00 ($273.81) target price on Continental AG and gave the company a buy rating in a research report on Wednesday, August 9th. Sanford C. Bernstein set a €240.00 ($285.71) target price on Continental AG and gave the company a buy rating in a research report on Tuesday. J P Morgan Chase & Co set a €223.00 ($265.48) target price on Continental AG and gave the company a neutral rating in a research report on Friday, August 4th. Finally, Jefferies Group LLC set a €216.00 ($257.14) target price on Continental AG and gave the company a buy rating in a research report on Monday, August 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €219.18 ($260.92).

Shares of Continental AG (ETR:CON) opened at 212.415 on Wednesday. The stock has a market capitalization of €42.48 billion and a PE ratio of 15.972. The stock’s 50 day moving average price is €194.04 and its 200 day moving average price is €197.23. Continental AG has a one year low of €158.35 and a one year high of €213.32.

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Continental AG 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 AG (ETR:CON)

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