Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental (ETR:CON) in a research report released on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently issued reports on CON. HSBC set a €130.00 ($151.16) price objective on shares of Continental and gave the stock a neutral rating in a report on Thursday. Independent Research set a €130.00 ($151.16) price objective on shares of Continental and gave the stock a neutral rating in a report on Thursday, August 8th. Pareto Securities set a €120.00 ($139.53) price objective on shares of Continental and gave the stock a neutral rating in a report on Wednesday, July 24th. Berenberg Bank set a €140.00 ($162.79) price target on shares of Continental and gave the company a neutral rating in a report on Friday, June 21st. Finally, Jefferies Financial Group set a €130.00 ($151.16) price target on shares of Continental and gave the company a neutral rating in a report on Wednesday, August 14th. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and seven have assigned a buy rating to the stock. Continental presently has a consensus rating of Hold and a consensus target price of €145.06 ($168.68).
CON opened at €106.26 ($123.56) on Friday. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. The company has a market cap of $21.25 billion and a price-to-earnings ratio of 8.86. The company’s 50 day moving average is €120.93 and its 200 day moving average is €133.41. Continental has a 12-month low of €103.62 ($120.49) and a 12-month high of €186.10 ($216.40).
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.
Featured Article: New Google Finance Tool and Screening Stocks
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.