Barclays set a €148.00 ($172.09) price objective on Continental (ETR:CON) in a research note published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms also recently issued reports on CON. UBS Group set a €130.00 ($151.16) price objective on Continental and gave the stock a neutral rating in a research note on Monday, April 22nd. Deutsche Bank set a €180.00 ($209.30) price objective on Continental and gave the stock a buy rating in a research note on Friday, April 12th. Sanford C. Bernstein set a €210.00 ($244.19) price objective on Continental and gave the stock a buy rating in a research note on Wednesday, April 24th. Hauck & Aufhaeuser set a €155.00 ($180.23) target price on Continental and gave the stock a neutral rating in a report on Friday, April 26th. Finally, JPMorgan Chase & Co. set a €137.00 ($159.30) target price on Continental and gave the stock a neutral rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company. Continental presently has a consensus rating of Hold and a consensus target price of €159.90 ($185.93).
ETR:CON opened at €133.74 ($155.51) on Thursday. The company has a debt-to-equity ratio of 33.20, a quick ratio of 0.64 and a current ratio of 1.03. Continental has a 1 year low of €118.30 ($137.56) and a 1 year high of €228.00 ($265.12). The company has a market capitalization of $26.75 billion and a price-to-earnings ratio of 9.78.
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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