Continental (ETR:CON) received a €130.00 ($151.16) price objective from research analysts at Kepler Capital Markets in a report released on Thursday, September 26th, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target suggests a potential upside of 12.73% from the company’s previous close.
Other analysts have also recently issued reports about the company. UBS Group set a €130.00 ($151.16) price objective on Continental and gave the stock a “neutral” rating in a report on Tuesday, September 17th. Jefferies Financial Group set a €130.00 ($151.16) price objective on Continental and gave the stock a “neutral” rating in a report on Wednesday, September 25th. HSBC set a €130.00 ($151.16) price objective on Continental and gave the stock a “neutral” rating in a report on Thursday, August 15th. Morgan Stanley set a €150.00 ($174.42) price objective on Continental and gave the stock a “buy” rating in a report on Friday, September 13th. Finally, Bank of America set a €123.00 ($143.02) price objective on Continental and gave the stock a “neutral” rating in a report on Friday, August 23rd. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €137.10 ($159.42).
Shares of Continental stock traded up €2.48 ($2.88) during trading on Thursday, reaching €115.32 ($134.09). The company’s stock had a trading volume of 667,962 shares, compared to its average volume of 476,379. The stock has a 50-day moving average price of €115.67 and a two-hundred day moving average price of €126.65. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. Continental has a one year low of €103.62 ($120.49) and a one year high of €157.40 ($183.02). The stock has a market capitalization of $23.06 billion and a P/E ratio of 9.62.
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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