Continental (ETR:CON) has been given a €220.00 ($255.81) price objective by stock analysts at Nord/LB in a research report issued on Thursday, July 19th. The firm presently has a “neutral” rating on the stock. Nord/LB’s target price suggests a potential upside of 17.96% from the stock’s previous close.
Other analysts also recently issued research reports about the company. Barclays set a €240.00 ($279.07) target price on Continental and gave the company a “neutral” rating in a research note on Thursday, July 19th. Kepler Capital Markets set a €250.00 ($290.70) price objective on Continental and gave the stock a “buy” rating in a research note on Thursday, July 19th. HSBC set a €225.00 ($261.63) price objective on Continental and gave the stock a “neutral” rating in a research note on Thursday, July 19th. Goldman Sachs Group set a €262.00 ($304.65) price objective on Continental and gave the stock a “buy” rating in a research note on Wednesday, July 18th. Finally, Jefferies Financial Group set a €230.00 ($267.44) price objective on Continental and gave the stock a “buy” rating in a research note on Monday, July 16th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of €239.40 ($278.37).
Shares of Continental traded down €2.50 ($2.91), reaching €186.50 ($216.86), during trading hours on Thursday, Marketbeat Ratings reports. 444,577 shares of the company traded hands, compared to its average volume of 476,379. Continental has a 12-month low of €186.55 ($216.92) and a 12-month high of €257.40 ($299.30).
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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