Continental (ETR:CON) has been given a €250.00 ($297.62) price target by analysts at Deutsche Bank in a research report issued on Thursday, January 4th. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price points to a potential upside of 2.42% from the company’s previous close.
A number of other equities analysts also recently issued reports on CON. Citigroup set a €234.50 ($279.17) price target on Continental and gave the stock a “buy” rating in a research report on Thursday, September 28th. Jefferies Group set a €245.00 ($291.67) price target on Continental and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Warburg Research set a €250.00 ($297.62) price target on Continental and gave the stock a “buy” rating in a research report on Friday, September 29th. Independent Research set a €233.00 ($277.38) price target on Continental and gave the stock a “neutral” rating in a research report on Tuesday, January 2nd. Finally, equinet set a €265.00 ($315.48) price target on Continental and gave the stock a “buy” rating in a research report on Monday, October 9th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €239.89 ($285.58).
Continental (CON) traded up €1.30 ($1.55) during trading on Thursday, reaching €244.10 ($290.60). The company’s stock had a trading volume of 286,140 shares, compared to its average volume of 430,697. The stock has a market capitalization of $48,440.00 and a price-to-earnings ratio of 16.23. Continental has a one year low of €180.70 ($215.12) and a one year high of €256.50 ($305.36).
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.
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.