Continental AG (ETR:CON) received a €240.00 ($282.35) price objective from Sanford C. Bernstein in a research note issued on Thursday, August 3rd. The brokerage presently has a “buy” rating on the stock.
Several other analysts have also recently issued reports on the company. BNP Paribas set a €200.00 ($235.29) target price on Continental AG and gave the stock a “neutral” rating in a research report on Wednesday, May 31st. Berenberg Bank set a €150.00 ($176.47) target price on Continental AG and gave the stock a “sell” rating in a research report on Thursday, May 25th. Jefferies Group LLC set a €220.00 ($258.82) target price on Continental AG and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Barclays PLC set a €190.00 ($223.53) target price on Continental AG and gave the stock a “neutral” rating in a research report on Thursday, July 13th. Finally, UBS AG set a €232.00 ($272.94) price target on Continental AG and gave the company a “buy” rating in a report on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of €218.05 ($256.53).
Continental AG (ETR:CON) opened at 189.525 on Thursday. Continental AG has a 1-year low of €158.35 and a 1-year high of €210.03. The company’s 50-day moving average is €192.43 and its 200 day moving average is €196.07. The company has a market cap of €37.91 billion and a price-to-earnings ratio of 14.251.
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About Continental AG
Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.
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