Continental (ETR:CON) has been given a €200.00 ($232.56) price objective by investment analysts at Kepler Capital Markets in a research note issued on Wednesday, October 3rd. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 42.70% from the stock’s current price.
A number of other brokerages also recently weighed in on CON. Berenberg Bank set a €180.00 ($209.30) target price on shares of Continental and gave the company a “sell” rating in a research note on Wednesday, August 22nd. UBS Group set a €225.00 ($261.63) target price on shares of Continental and gave the company a “buy” rating in a research note on Tuesday, September 25th. Sanford C. Bernstein set a €260.00 ($302.33) price target on shares of Continental and gave the company a “neutral” rating in a report on Thursday, August 2nd. Barclays set a €240.00 ($279.07) price target on shares of Continental and gave the company a “neutral” rating in a report on Wednesday, June 20th. Finally, Deutsche Bank set a €240.00 ($279.07) price target on shares of Continental and gave the company a “buy” rating in a report on Thursday, July 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the company. Continental currently has a consensus rating of “Hold” and an average target price of €197.56 ($229.72).
Shares of ETR CON opened at €140.15 ($162.97) on Wednesday. Continental has a fifty-two week low of €186.55 ($216.92) and a fifty-two week high of €257.40 ($299.30).
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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