Royal Bank of Canada set a €123.00 ($143.02) target price on Continental (ETR:CON) in a report issued on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities analysts have also issued reports on CON. JPMorgan Chase & Co. set a €119.00 ($138.37) price target on Continental and gave the company a sell rating in a research note on Wednesday, August 7th. Goldman Sachs Group set a €142.00 ($165.12) price target on Continental and gave the company a buy rating in a research note on Wednesday, August 7th. Sanford C. Bernstein set a €210.00 ($244.19) price target on Continental and gave the company a buy rating in a research note on Wednesday, August 7th. Barclays set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a research report on Thursday, August 8th. Finally, Deutsche Bank set a €140.00 ($162.79) target price on Continental and gave the stock a buy rating in a research report on Wednesday, July 24th. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €145.06 ($168.68).
Shares of CON opened at €106.26 ($123.56) on Tuesday. Continental has a 52-week low of €103.62 ($120.49) and a 52-week high of €186.10 ($216.40). The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.63 and a current ratio of 1.02. The business’s 50 day moving average price is €120.93 and its two-hundred day moving average price is €133.41. The firm has a market cap of $21.25 billion and a PE ratio of 8.86.
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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