DZ Bank set a €130.00 ($151.16) price target on Continental (ETR:CON) in a research report report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
CON has been the topic of several other reports. Bank of America set a €124.00 ($144.19) target price on Continental and gave the company a neutral rating in a report on Tuesday, October 15th. Independent Research set a €126.00 ($146.51) target price on Continental and gave the company a neutral rating in a report on Wednesday, October 23rd. Barclays set a €115.00 ($133.72) price target on Continental and gave the company a sell rating in a research report on Tuesday, October 8th. Pareto Securities set a €120.00 ($139.53) price target on Continental and gave the company a neutral rating in a research report on Wednesday, July 24th. Finally, Jefferies Financial Group set a €133.00 ($154.65) price target on Continental and gave the company a neutral rating in a research report on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €132.91 ($154.55).
ETR CON opened at €124.86 ($145.19) on Tuesday. Continental has a fifty-two week low of €103.62 ($120.49) and a fifty-two week high of €157.40 ($183.02). The stock’s 50-day moving average is €120.52 and its two-hundred day moving average is €122.49. The company has a debt-to-equity ratio of 42.35, a current ratio of 1.02 and a quick ratio of 0.63. The firm has a market cap of $24.97 billion and a P/E ratio of 10.42.
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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