A number of other equities analysts also recently weighed in on CON. Jefferies Group set a €245.00 ($302.47) price target on Continental and gave the stock a buy rating in a research report on Thursday, November 2nd. Commerzbank set a €247.00 ($304.94) target price on Continental and gave the company a neutral rating in a research report on Monday, January 29th. Deutsche Bank set a €250.00 ($308.64) target price on Continental and gave the company a buy rating in a research report on Thursday, January 4th. set a €250.00 ($308.64) target price on Continental and gave the company a buy rating in a research report on Friday, November 3rd. Finally, JPMorgan Chase & Co. set a €223.00 ($275.31) target price on Continental and gave the company a neutral rating in a research report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €254.43 ($314.12).
Shares of Continental (CON) traded up €0.90 ($1.11) during midday trading on Monday, reaching €220.20 ($271.85). The company’s stock had a trading volume of 354,260 shares, compared to its average volume of 489,360. The firm has a market capitalization of $44,420.00 and a P/E ratio of 14.76. Continental has a 1 year low of €186.55 ($230.31) and a 1 year high of €257.40 ($317.78).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company's 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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