Deutsche Bank set a €180.00 ($209.30) price target 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.
CON has been the topic of a number of other research reports. Royal Bank of Canada set a €67.00 ($77.91) price target on shares of Daimler and gave the stock a buy rating in a report on Monday, June 3rd. Berenberg Bank reissued a buy rating and issued a GBX 620 ($8.10) price target on shares of in a report on Friday, June 21st. Nord/LB set a €29.30 ($34.07) price target on shares of Aareal Bank and gave the stock a neutral rating in a report on Thursday, May 9th. Hauck & Aufhaeuser set a €155.00 ($180.23) price target on shares of Continental and gave the stock a neutral rating in a report on Friday, April 26th. Finally, Jefferies Financial Group reissued a buy rating and issued a GBX 3,000 ($39.20) price target on shares of in a report on Monday, June 3rd. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €154.78 ($179.98).
Shares of ETR:CON opened at €117.80 ($136.98) on Wednesday. The stock has a market cap of $23.56 billion and a PE ratio of 8.61. The stock has a fifty day simple moving average of €124.81. Continental has a 52 week low of €118.30 ($137.56) and a 52 week high of €211.00 ($245.35). 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 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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