Continental AG (CON) Given a €220.00 Price Target by Morgan Stanley Analysts

Continental AG (ETR:CON) has been given a €220.00 ($258.82) price objective by equities researchers at Morgan Stanley in a research report issued to clients and investors on Monday. The brokerage presently has a “neutral” rating on the stock.

Several other equities analysts have also commented on CON. Sanford C. Bernstein set a €240.00 ($282.35) target price on Continental AG and gave the company a “buy” rating in a report on Tuesday, June 13th. S&P Global set a €220.00 ($258.82) target price on Continental AG and gave the company a “buy” rating in a report on Thursday, June 15th. Jefferies Group LLC set a €220.00 ($258.82) target price on Continental AG and gave the company a “buy” rating in a report on Tuesday, June 20th. UBS AG set a €232.00 ($272.94) target price on Continental AG and gave the company a “buy” rating in a report on Monday, July 10th. Finally, J P Morgan Chase & Co set a €221.00 ($260.00) target price on Continental AG and gave the company a “neutral” rating in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of €222.18 ($261.38).

Continental AG (ETR:CON) opened at 215.05 on Monday. Continental AG has a 1-year low of €158.35 and a 1-year high of €217.73. The company’s 50-day moving average price is €201.79 and its 200-day moving average price is €198.86. The stock has a market cap of €43.01 billion and a P/E ratio of 16.17.

WARNING: “Continental AG (CON) Given a €220.00 Price Target by Morgan Stanley Analysts” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are

Several other equities analysts have also commented on CON. Sanford C. Bernstein set a €240.00 ($282.35) target price on Continental AG and gave the company a “buy” rating in a report on Tuesday, June 13th. S&P Global set a €220.00 ($258.82) target price on Continental AG and gave the company a “buy” rating in a report on Thursday, June 15th. Jefferies Group LLC set a €220.00 ($258.82) target price on Continental AG and gave the company a “buy” rating in a report on Tuesday, June 20th. UBS AG set a €232.00 ($272.94) target price on Continental AG and gave the company a “buy” rating in a report on Monday, July 10th. Finally, J P Morgan Chase & Co set a €221.00 ($260.00) target price on Continental AG and gave the company a “neutral” rating in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of €222.18 ($261.38).

Continental AG (ETR:CON) opened at 215.05 on Monday. Continental AG has a 1-year low of €158.35 and a 1-year high of €217.73. The company’s 50-day moving average price is €201.79 and its 200-day moving average price is €198.86. The stock has a market cap of €43.01 billion and a P/E ratio of 16.17.

WARNING: “Continental AG (CON) Given a €220.00 Price Target by Morgan Stanley Analysts” was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/09/continental-ag-con-given-a-220-00-price-target-by-morgan-stanley-analysts.html.

About Continental AG

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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