Continental (ETR:CON) received a €245.00 ($291.67) price objective from equities research analysts at Jefferies Group in a research note issued to investors on Friday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s target price points to a potential upside of 10.56% from the company’s current price.
Other research analysts have also recently issued reports about the company. Sanford C. Bernstein set a €240.00 ($285.71) price target on Continental and gave the stock a “buy” rating in a research note on Monday, October 9th. Warburg Research set a €260.00 ($309.52) price objective on Continental and gave the stock a “buy” rating in a report on Friday, November 10th. Goldman Sachs Group set a €230.00 ($273.81) price target on Continental and gave the stock a “buy” rating in a report on Friday, October 27th. Berenberg Bank set a €150.00 ($178.57) price target on Continental and gave the stock a “sell” rating in a report on Friday, August 25th. Finally, Deutsche Bank set a €230.00 ($273.81) price objective on Continental and gave the company a “buy” rating in a report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of €230.79 ($274.74).
Shares of Continental (ETR:CON) opened at €221.60 ($263.81) on Friday. Continental has a 52-week low of €178.55 ($212.56) and a 52-week high of €226.25 ($269.35).
Continental Company Profile
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys 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.
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