Continental AG (ETR:CON) Receives €100.19 Consensus Target Price from Brokerages

Shares of Continental AG (ETR:CON) have been assigned an average recommendation of “Hold” from the twenty analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is €98.05 ($110.17).

A number of equities research analysts have recently weighed in on CON shares. HSBC set a €80.00 ($89.89) price target on shares of Continental and gave the company a “neutral” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. set a €64.00 ($71.91) price target on shares of Continental and gave the company a “sell” rating in a research report on Thursday, May 7th. Kepler Capital Markets set a €75.00 ($84.27) price target on shares of Continental and gave the company a “neutral” rating in a research report on Friday, May 8th. UBS Group set a €70.00 ($78.65) price target on shares of Continental and gave the company a “neutral” rating in a research report on Tuesday, May 19th. Finally, Warburg Research set a €105.00 ($117.98) price target on shares of Continental and gave the company a “buy” rating in a research report on Tuesday, April 28th.

CON stock traded down €0.98 ($1.10) during mid-day trading on Friday, hitting €85.04 ($95.55). 451,294 shares of the company were exchanged, compared to its average volume of 476,379. The business has a 50 day simple moving average of €84.71 and a 200-day simple moving average of €92.52. The company has a current ratio of 1.08, a quick ratio of 0.65 and a debt-to-equity ratio of 44.13. The stock has a market capitalization of $17.01 billion and a PE ratio of -11.28. Continental has a 1-year low of €51.45 ($57.81) and a 1-year high of €133.76 ($150.29).

Continental Company Profile

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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Analyst Recommendations for Continental (ETR:CON)

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