Royal Bank of Canada Reiterates €120.00 Price Target for Continental (ETR:CON)

Royal Bank of Canada set a €120.00 ($139.53) target price on Continental (ETR:CON) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities analysts have also recently commented on the company. Sanford C. Bernstein set a €180.00 ($209.30) target price on Continental and gave the stock a buy rating in a research report on Friday, November 29th. Goldman Sachs Group set a €118.00 ($137.21) price target on Continental and gave the company a neutral rating in a report on Tuesday, November 12th. HSBC set a €130.00 ($151.16) price target on Continental and gave the company a neutral rating in a research report on Thursday, August 15th. Hauck & Aufhaeuser set a €117.00 ($136.05) price objective on Continental and gave the stock a neutral rating in a report on Wednesday, October 23rd. Finally, UBS Group set a €130.00 ($151.16) price objective on shares of Continental and gave the stock a neutral rating in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €132.91 ($154.55).

Shares of CON stock opened at €116.24 ($135.16) on Monday. The company has a market capitalization of $23.25 billion and a PE ratio of -108.23. Continental has a 52-week low of €103.62 ($120.49) and a 52-week high of €157.40 ($183.02). The business’s fifty day moving average is €122.77 and its 200 day moving average is €120.57. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.66 and a current ratio of 1.05.

About Continental

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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Analyst Recommendations for Continental (ETR:CON)

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