Continental (ETR:CON) has been given a €180.00 ($209.30) target price by Sanford C. Bernstein in a note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 45.99% from the company’s previous close.
Other research analysts have also recently issued research reports about the company. Warburg Research set a €175.00 ($203.49) price objective on Continental and gave the stock a “buy” rating in a research report on Monday, September 9th. DZ Bank set a €130.00 ($151.16) price objective on Continental and gave the stock a “neutral” rating in a research report on Tuesday. Pareto Securities set a €120.00 ($139.53) price objective on Continental and gave the stock a “neutral” rating in a research report on Wednesday, July 24th. Jefferies Financial Group set a €133.00 ($154.65) price target on Continental and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Bank of America set a €124.00 ($144.19) price target on Continental and gave the stock a “neutral” rating in a research report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €133.59 ($155.34).
CON stock traded down €0.90 ($1.05) during trading hours on Tuesday, hitting €123.30 ($143.37). 629,430 shares of the stock were exchanged, compared to its average volume of 476,379. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. The firm has a market capitalization of $24.66 billion and a P/E ratio of 10.29. The company has a 50-day simple moving average of €120.37 and a two-hundred day simple moving average of €122.63. Continental has a 12 month low of €103.62 ($120.49) and a 12 month high of €157.40 ($183.02).
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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