Bank of America Reiterates €155.00 Price Target for Continental (CON)

Bank of America set a €155.00 ($180.23) price objective on Continental (ETR:CON) in a report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also weighed in on the stock. Deutsche Bank set a €180.00 ($209.30) price target on shares of Continental and gave the company a buy rating in a report on Monday, May 13th. Independent Research set a €152.00 ($176.74) price target on shares of Continental and gave the company a neutral rating in a report on Friday, May 10th. Kepler Capital Markets set a €150.00 ($174.42) price target on shares of Continental and gave the company a neutral rating in a report on Friday, May 10th. Goldman Sachs Group set a €157.00 ($182.56) price target on shares of Continental and gave the company a buy rating in a report on Friday, May 10th. Finally, Sanford C. Bernstein set a €210.00 ($244.19) price target on shares of Continental and gave the company a buy rating in a report on Thursday, May 9th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of €159.68 ($185.67).

Shares of Continental stock opened at €129.04 ($150.05) on Tuesday. The company has a debt-to-equity ratio of 33.20, a current ratio of 1.03 and a quick ratio of 0.64. The company has a market capitalization of $25.81 billion and a P/E ratio of 9.43. Continental has a fifty-two week low of €118.30 ($137.56) and a fifty-two week high of €228.00 ($265.12).

About Continental

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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.

See Also: What is the formula for the cash asset ratio?

Analyst Recommendations for Continental (ETR:CON)

Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.