UBS Group Reiterates “€225.00” Price Target for Continental (CON)

Continental (ETR:CON) has been given a €225.00 ($261.63) price target by research analysts at UBS Group in a research report issued on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price would indicate a potential upside of 48.32% from the company’s current price.

A number of other equities research analysts have also weighed in on CON. Goldman Sachs Group set a €262.00 ($304.65) target price on shares of Continental and gave the company a “buy” rating in a research note on Monday, May 28th. Jefferies Financial Group set a €270.00 ($313.95) target price on shares of Continental and gave the company a “buy” rating in a research note on Wednesday, May 30th. HSBC set a €250.00 ($290.70) target price on shares of Continental and gave the company a “buy” rating in a research note on Friday, June 8th. Morgan Stanley set a €245.00 ($284.88) target price on shares of Continental and gave the company a “buy” rating in a research note on Friday, June 15th. Finally, JPMorgan Chase & Co. set a €240.00 ($279.07) target price on shares of Continental and gave the company a “buy” rating in a research note on Monday, June 18th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of €203.52 ($236.65).

Shares of CON opened at €151.70 ($176.40) on Tuesday. Continental has a 1-year low of €186.55 ($216.92) and a 1-year high of €257.40 ($299.30).

Continental Company Profile

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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.

Further Reading: Book Value Per Share – BVPS

Analyst Recommendations for Continental (ETR:CON)

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