Goldman Sachs Group set a €86.00 ($101.18) price target on Continental (FRA:CON) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently commented on CON. Jefferies Financial Group set a €123.00 ($144.71) price objective on shares of Continental and gave the company a buy rating in a research note on Wednesday. Berenberg Bank set a €103.00 ($121.18) price objective on shares of Continental and gave the company a neutral rating in a research note on Wednesday. Royal Bank of Canada set a €92.00 ($108.24) price objective on shares of Continental and gave the company a neutral rating in a research note on Wednesday. Finally, UBS Group set a €99.00 ($116.47) price objective on shares of Continental and gave the company a neutral rating in a research note on Tuesday, October 20th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €98.00 ($115.29).
FRA CON opened at €101.15 ($119.00) on Wednesday. Continental has a 12 month low of €186.70 ($219.65) and a 12 month high of €256.50 ($301.76). The company has a 50-day moving average of €95.05 and a 200-day moving average of €85.62.
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.
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