Royal Bank of Canada set a €75.00 ($88.24) price target on Continental (ETR:CON) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on CON. Berenberg Bank set a €95.00 ($111.76) price target on shares of Continental and gave the company a neutral rating in a report on Thursday, September 10th. Jefferies Financial Group set a €105.00 ($123.53) price target on shares of Continental and gave the company a buy rating in a report on Friday, August 7th. Barclays set a €90.00 ($105.88) price target on shares of Continental and gave the company a sell rating in a report on Friday, August 7th. UBS Group set a €90.00 ($105.88) price target on shares of Continental and gave the company a neutral rating in a report on Wednesday, September 2nd. Finally, Goldman Sachs Group set a €86.00 ($101.18) price target on shares of Continental and gave the company a neutral rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and an average price target of €97.05 ($114.18).
Shares of Continental stock traded down €1.06 ($1.25) on Tuesday, hitting €94.74 ($111.46). 477,986 shares of the company’s stock traded hands, compared to its average volume of 476,379. The firm’s 50-day moving average price is €89.60 and its two-hundred day moving average price is €82.79. The stock has a market capitalization of $18.95 billion and a PE ratio of -6.93. Continental has a one year low of €51.45 ($60.53) and a one year high of €133.10 ($156.59). The company has a debt-to-equity ratio of 59.95, a current ratio of 1.20 and a quick ratio of 0.72.
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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