Sanford C. Bernstein set a €240.00 ($285.71) target price on Continental (ETR:CON) in a research report report published on Tuesday, December 26th. The brokerage currently has a buy rating on the stock.
Several other equities analysts also recently commented on CON. Citigroup set a €234.50 ($279.17) price objective on Continental and gave the company a buy rating in a research report on Friday, September 1st. BNP Paribas set a €200.00 ($238.10) price objective on Continental and gave the company a neutral rating in a research report on Friday, September 8th. Deutsche Bank set a €230.00 ($273.81) price objective on Continental and gave the company a buy rating in a research report on Friday, September 8th. Jefferies Group set a €225.00 ($267.86) price objective on Continental and gave the company a buy rating in a research report on Tuesday, September 12th. Finally, JPMorgan Chase & Co. set a €223.00 ($265.48) target price on Continental and gave the stock a neutral rating in a report on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of €239.89 ($285.58).
Continental (ETR:CON) traded up €1.30 ($1.55) during midday trading on Tuesday, hitting €244.10 ($290.60). The stock had a trading volume of 286,140 shares, compared to its average volume of 430,697. The company has a market cap of $48,440.00 and a P/E ratio of 16.23. Continental has a 52-week low of €180.70 ($215.12) and a 52-week high of €256.50 ($305.36).
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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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