Several other equities research analysts have also issued reports on the stock. Deutsche Bank set a €230.00 ($273.81) target price on shares of Continental and gave the stock a buy rating in a report on Friday, September 15th. Goldman Sachs Group set a €230.00 ($273.81) target price on shares of Continental and gave the stock a buy rating in a report on Friday, November 10th. Commerzbank set a €205.00 ($244.05) target price on shares of Continental and gave the stock a neutral rating in a report on Thursday, September 14th. BNP Paribas set a €212.00 ($252.38) target price on shares of Continental and gave the stock a neutral rating in a report on Monday, October 16th. Finally, Nord/LB set a €210.00 ($250.00) price target on shares of Continental and gave the stock a neutral rating in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have assigned a buy rating to the stock. Continental currently has a consensus rating of Buy and a consensus target price of €239.89 ($285.58).
Continental (ETR CON) traded up €1.30 ($1.55) during mid-day trading on Wednesday, reaching €244.10 ($290.60). 286,140 shares of the company’s stock traded hands, compared to its average volume of 430,697. The company has a market capitalization of $48,820.00 and a price-to-earnings ratio of 16.23. Continental has a fifty-two week low of €180.70 ($215.12) and a fifty-two week high of €256.50 ($305.36).
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Continental Company Profile
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.
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