Continental (ETR:CON) received a €145.00 ($168.60) price objective from analysts at Kepler Capital Markets in a report issued on Friday, June 28th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 20.63% from the stock’s current price.
A number of other research analysts also recently issued reports on the company. Hauck & Aufhaeuser set a €155.00 ($180.23) price target on Continental and gave the company a “neutral” rating in a report on Friday, April 26th. JPMorgan Chase & Co. lowered their price objective on from GBX 97 ($1.27) to GBX 89 ($1.16) and set a “neutral” rating for the company in a research report on Monday, June 17th. UBS Group reaffirmed a “hold” rating and set a $130.00 price target on shares of Continental in a research report on Wednesday, May 15th. Deutsche Bank raised RDS-A from a “hold” rating to a “buy” rating in a research report on Monday, May 13th. Finally, Sanford C. Bernstein set a €210.00 ($244.19) price target on Continental and gave the company a “buy” rating in a research report on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €153.66 ($178.68).
CON traded up €3.30 ($3.84) during trading on Friday, hitting €120.20 ($139.77). 911,985 shares of the stock were exchanged, compared to its average volume of 476,379. Continental has a 1 year low of €112.46 ($130.77) and a 1 year high of €211.00 ($245.35). The stock has a 50 day moving average price of €124.02. The firm has a market capitalization of $24.04 billion and a price-to-earnings ratio of 8.79. The company has a debt-to-equity ratio of 33.20, a quick ratio of 0.64 and a current ratio of 1.03.
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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