Jefferies Financial Group set a €133.00 ($154.65) price objective on Continental (ETR:CON) in a research note published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research firms have also recently weighed in on CON. Barclays set a €115.00 ($133.72) price objective on Continental and gave the company a sell rating in a report on Tuesday, October 8th. Deutsche Bank set a €120.00 ($139.53) price objective on Continental and gave the company a neutral rating in a report on Tuesday, August 20th. Warburg Research set a €175.00 ($203.49) price objective on Continental and gave the company a buy rating in a report on Monday, September 9th. Kepler Capital Markets set a €130.00 ($151.16) price objective on Continental and gave the company a neutral rating in a report on Thursday, September 26th. Finally, Hauck & Aufhaeuser set a €117.00 ($136.05) price objective on Continental and gave the company a neutral rating in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €132.91 ($154.55).
ETR:CON opened at €124.86 ($145.19) on Wednesday. Continental has a fifty-two week low of €103.62 ($120.49) and a fifty-two week high of €157.40 ($183.02). 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 stock has a market capitalization of $24.97 billion and a PE ratio of 10.42. The business’s 50-day simple moving average is €120.52 and its 200-day simple moving average is €122.49.
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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