Goldman Sachs Group set a €142.00 ($165.12) price objective on Continental (ETR:CON) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts also recently issued research reports about the company. Sanford C. Bernstein set a €210.00 ($244.19) target price on Continental and gave the stock a buy rating in a research note on Thursday, May 9th. Morgan Stanley restated an underweight rating and issued a C$18.00 target price on shares of WestJet Airlines in a research note on Friday, April 5th. Deutsche Bank upgraded RDS-A from a hold rating to a buy rating in a research note on Monday, May 13th. Credit Suisse Group started coverage on Regeneron Pharmaceuticals in a research note on Monday, May 20th. They issued a neutral rating and a $336.00 target price for the company. Finally, Royal Bank of Canada set a €67.00 ($77.91) target price on Daimler and gave the stock a buy rating in a research note on Monday, June 3rd. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have given a buy rating to the company. Continental has an average rating of Hold and a consensus target price of €154.78 ($179.98).
Shares of ETR CON opened at €117.80 ($136.98) on Wednesday. Continental has a 52 week low of €118.30 ($137.56) and a 52 week high of €211.00 ($245.35). The business has a 50-day moving average of €124.81. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 33.20. The company has a market cap of $23.56 billion and a P/E ratio of 8.61.
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.
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