Hauck & Aufhaeuser set a €130.00 ($151.16) target price on Continental (ETR:CON) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other research analysts also recently issued reports about the company. Goldman Sachs Group downgraded Micro Focus International from a neutral rating to a sell rating in a research note on Tuesday, July 16th. Royal Bank of Canada reissued a hold rating and issued a $136.00 price target on shares of Continental in a research note on Wednesday. JPMorgan Chase & Co. reissued a buy rating on shares of SS&C Technologies in a research note on Monday, July 1st. Jefferies Financial Group reissued a buy rating and issued a GBX 3,000 ($39.20) price target on shares of in a research note on Monday, June 3rd. Finally, Independent Research set a €152.00 ($176.74) price target on Continental and gave the stock a neutral rating in a research note on Friday, May 10th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €153.66 ($178.68).
Shares of CON opened at €120.20 ($139.77) on Wednesday. The company has a market cap of $24.04 billion and a P/E ratio of 8.79. The stock’s fifty day moving average is €124.02. 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 has a 12 month low of €112.46 ($130.77) and a 12 month high of €211.00 ($245.35).
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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