Continental (ETR:CON) Given a €148.00 Price Target at Barclays

Barclays set a €148.00 ($172.09) price objective on Continental (ETR:CON) in a report released on Friday, March 29th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

CON has been the topic of a number of other reports. JPMorgan Chase & Co. set a €150.00 ($174.42) price objective on shares of Continental and gave the company a neutral rating in a report on Monday, January 14th. Nord/LB set a €150.00 ($174.42) price objective on shares of Continental and gave the company a neutral rating in a report on Thursday, March 14th. Sanford C. Bernstein set a €210.00 ($244.19) price objective on shares of Continental and gave the company a buy rating in a report on Wednesday, December 19th. UBS Group set a €130.00 ($151.16) price objective on shares of Continental and gave the company a neutral rating in a report on Wednesday, February 27th. Finally, Credit Suisse Group set a €152.00 ($176.74) target price on shares of Continental and gave the company a neutral rating in a research report on Tuesday, March 12th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €163.90 ($190.58).

Shares of CON traded down €1.12 ($1.30) during midday trading on Friday, reaching €155.60 ($180.93). The stock had a trading volume of 953,993 shares, compared to its average volume of 476,379. Continental has a 1-year low of €118.30 ($137.56) and a 1-year high of €229.40 ($266.74). The firm has a market capitalization of $31.12 billion and a price-to-earnings ratio of 10.74. The company has a current ratio of 1.07, a quick ratio of 0.74 and a debt-to-equity ratio of 25.13.

Continental Company Profile

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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Analyst Recommendations for Continental (ETR:CON)

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