Goldman Sachs Group set a €89.00 ($100.00) price objective on Continental (ETR:CON) in a research note released on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts have also issued reports on CON. Royal Bank of Canada set a €75.00 ($84.27) price target on shares of Continental and gave the stock a neutral rating in a research report on Thursday, May 7th. Barclays set a €90.00 ($101.12) price objective on shares of Continental and gave the company a sell rating in a research note on Wednesday, June 10th. Warburg Research set a €105.00 ($117.98) price objective on shares of Continental and gave the company a buy rating in a research note on Tuesday, April 28th. UBS Group set a €70.00 ($78.65) price objective on shares of Continental and gave the company a neutral rating in a research note on Tuesday, May 19th. Finally, JPMorgan Chase & Co. set a €64.00 ($71.91) price objective on shares of Continental and gave the company a sell rating in a research note on Thursday, May 7th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €98.05 ($110.17).
ETR CON opened at €85.04 ($95.55) on Friday. The company has a current ratio of 1.08, a quick ratio of 0.65 and a debt-to-equity ratio of 44.13. The firm has a market capitalization of $17.01 billion and a price-to-earnings ratio of -11.28. The firm’s 50 day simple moving average is €85.28 and its 200 day simple moving average is €92.05. Continental has a 1 year low of €51.45 ($57.81) and a 1 year high of €133.76 ($150.29).
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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