Jefferies Financial Group set a €124.00 ($144.19) price objective on Continental (ETR:CON) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also recently issued reports on CON. 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 Monday, January 6th. Oddo Bhf set a €115.00 ($133.72) target price on shares of Continental and gave the company a neutral rating in a research note on Monday, January 6th. Kepler Capital Markets set a €125.00 ($145.35) target price on shares of Continental and gave the company a neutral rating in a research note on Wednesday, November 13th. UBS Group set a €120.00 ($139.53) target price on shares of Continental and gave the company a neutral rating in a research note on Tuesday, January 28th. Finally, Bank of America set a €124.00 ($144.19) target price on shares of Continental and gave the company a neutral rating in a research note on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and three have given a buy rating to the company’s stock. Continental currently has an average rating of Hold and an average price target of €130.82 ($152.11).
CON stock opened at €110.80 ($128.84) on Wednesday. The stock has a market capitalization of $22.16 billion and a PE ratio of -103.17. Continental has a 12-month low of €99.26 ($115.42) and a 12-month high of €157.40 ($183.02). The company has a current ratio of 1.05, a quick ratio of 0.66 and a debt-to-equity ratio of 47.97. The stock’s 50 day simple moving average is €110.72 and its 200 day simple moving average is €116.43.
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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