Deutsche Bank set a €180.00 ($209.30) price target on Continental (ETR:CON) in a research report report published on Friday, April 12th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also commented on CON. UBS Group set a €130.00 ($151.16) price target on Continental and gave the company a neutral rating in a report on Thursday, January 10th. JPMorgan Chase & Co. set a €137.00 ($159.30) price target on Continental and gave the company a neutral rating in a report on Friday, March 8th. Sanford C. Bernstein set a €210.00 ($244.19) price target on Continental and gave the company a buy rating in a report on Wednesday, February 27th. Independent Research set a €144.00 ($167.44) price target on Continental and gave the company a neutral rating in a report on Friday, March 8th. Finally, Nord/LB set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a report on Tuesday, January 15th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €164.23 ($190.97).
CON stock traded down €1.22 ($1.42) during mid-day trading on Friday, reaching €146.90 ($170.81). The company had a trading volume of 358,570 shares, compared to its average volume of 476,379. The stock has a market capitalization of $29.38 billion and a price-to-earnings ratio of 10.14. 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 one year low of €118.30 ($137.56) and a one year high of €229.40 ($266.74).
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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