Warburg Research set a €175.00 ($203.49) price target on Continental (ETR:CON) in a research report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
CON has been the subject of a number of other research reports. Sanford C. Bernstein set a €180.00 ($209.30) price objective on Continental and gave the company a buy rating in a research report on Tuesday. Morgan Stanley set a €150.00 ($174.42) price objective on Continental and gave the company a buy rating in a research report on Wednesday, October 23rd. Bank of America set a €124.00 ($144.19) price objective on Continental and gave the company a neutral rating in a research report on Tuesday, October 15th. DZ Bank set a €130.00 ($151.16) price objective on Continental and gave the company a neutral rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. set a €119.00 ($138.37) price objective on Continental and gave the company a sell rating in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of €133.59 ($155.34).
CON stock traded down €0.90 ($1.05) on Wednesday, reaching €123.30 ($143.37). 629,430 shares of the company traded hands, compared to its average volume of 476,379. Continental has a one year low of €103.62 ($120.49) and a one year high of €157.40 ($183.02). The company has a debt-to-equity ratio of 42.35, a current ratio of 1.02 and a quick ratio of 0.63. The company has a market cap of $24.66 billion and a P/E ratio of 10.29. The firm has a fifty day simple moving average of €120.37 and a 200-day simple moving average of €122.63.
Continental Company Profile
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
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