UBS Group set a €130.00 ($151.16) price target on Continental (ETR:CON) in a research note issued to investors on Thursday, March 28th, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the company. Warburg Research set a €200.00 ($232.56) price target on Continental and gave the company a buy rating in a report on Thursday, January 10th. Morgan Stanley set a €171.00 ($198.84) price objective on Continental and gave the stock a buy rating in a report on Monday, March 11th. Kepler Capital Markets set a €165.00 ($191.86) price objective on Continental and gave the stock a buy rating in a report on Thursday, March 14th. Goldman Sachs Group set a €165.00 ($191.86) price objective on Continental and gave the stock a buy rating in a report on Monday, January 14th. Finally, Sanford C. Bernstein set a €210.00 ($244.19) price objective on Continental and gave the stock a buy rating in a report on Tuesday, December 25th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €163.90 ($190.58).
Shares of ETR:CON traded down €1.12 ($1.30) on Thursday, hitting €155.60 ($180.93). The stock had a trading volume of 953,993 shares, compared to its average volume of 476,379. The company has a debt-to-equity ratio of 25.13, a quick ratio of 0.74 and a current ratio of 1.07. Continental has a twelve month low of €118.30 ($137.56) and a twelve month high of €229.40 ($266.74). The company has a market capitalization of $31.12 billion and a PE ratio of 10.74.
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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