Continental AG (ETR:CON) has been given a €240.00 ($282.35) price target by analysts at Sanford C. Bernstein in a note issued to investors on Thursday. The firm presently has a “buy” rating on the stock.
A number of other brokerages have also recently commented on CON. S&P Global set a €220.00 ($258.82) target price on shares of Continental AG and gave the company a “buy” rating in a research report on Thursday, August 3rd. equinet AG set a €240.00 ($282.35) price objective on shares of Continental AG and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Nord/LB set a €200.00 ($235.29) price objective on shares of Continental AG and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Deutsche Bank AG set a €200.00 ($235.29) price objective on shares of Continental AG and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd. Finally, Warburg Research set a €250.00 ($294.12) price objective on shares of Continental AG and gave the stock a “buy” rating in a research report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of €222.68 ($261.97).
Continental AG (ETR CON) opened at 211.975 on Thursday. Continental AG has a 52 week low of €158.35 and a 52 week high of €217.73. The stock has a market cap of €42.40 billion and a PE ratio of 15.939. The stock’s 50 day moving average is €206.79 and its 200 day moving average is €199.77.
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About Continental AG
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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