Continental (CON) Given a €155.00 Price Target by Bank of America Analysts

Continental (ETR:CON) has been assigned a €155.00 ($180.23) price target by investment analysts at Bank of America in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Bank of America‘s target price suggests a potential upside of 18.21% from the company’s previous close.

CON has been the subject of a number of other research reports. Deutsche Bank set a €180.00 ($209.30) price objective on Continental and gave the company a “buy” rating in a research note on Monday. Independent Research set a €142.00 ($165.12) price objective on Continental and gave the company a “neutral” rating in a research note on Tuesday, January 15th. Credit Suisse Group set a €152.00 ($176.74) price objective on Continental and gave the company a “neutral” rating in a research note on Thursday, March 28th. UBS Group set a €130.00 ($151.16) price objective on Continental and gave the company a “neutral” rating in a research note on Monday, April 22nd. Finally, Berenberg Bank set a €140.00 ($162.79) price objective on Continental and gave the company a “neutral” rating in a research note on Monday, February 18th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €159.68 ($185.67).

Shares of ETR CON opened at €131.12 ($152.47) on Tuesday. Continental has a fifty-two week low of €118.30 ($137.56) and a fifty-two week high of €228.00 ($265.12). The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 33.20. The company has a market cap of $26.23 billion and a price-to-earnings ratio of 9.59.



About Continental

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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Analyst Recommendations for Continental (ETR:CON)

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