Goldman Sachs Group set a €142.00 ($165.12) price target on Continental (ETR:CON) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also weighed in on CON. Independent Research set a €152.00 ($176.74) target price on Continental and gave the stock a neutral rating in a research report on Friday, May 10th. Morgan Stanley reaffirmed an underweight rating and set a C$18.00 target price on shares of WestJet Airlines in a research report on Friday, April 5th. Oddo Bhf set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a research report on Monday, July 1st. Barclays upped their target price on Roper Technologies from $342.00 to $355.00 and gave the stock an equal weight rating in a research report on Tuesday. Finally, Nord/LB set a €29.30 ($34.07) target price on Aareal Bank and gave the stock a neutral rating in a research report on Thursday, May 9th. Two analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have issued a buy rating to the company’s stock. Continental has a consensus rating of Hold and a consensus target price of €154.78 ($179.98).
Shares of ETR:CON opened at €117.80 ($136.98) on Wednesday. The company has a debt-to-equity ratio of 33.20, a current ratio of 1.03 and a quick ratio of 0.64. Continental has a twelve month low of €118.30 ($137.56) and a twelve month high of €211.00 ($245.35). The stock’s 50 day moving average price is €124.81. The firm has a market capitalization of $23.56 billion and a price-to-earnings ratio of 8.61.
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.
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.