Continental (ETR:CON) Given a €123.00 Price Target by Royal Bank of Canada Analysts

Continental (ETR:CON) received a €123.00 ($143.02) price target from equities researchers at Royal Bank of Canada in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 5.13% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. set a €119.00 ($138.37) price objective on shares of Continental and gave the company a “sell” rating in a research report on Wednesday. Morgan Stanley set a €150.00 ($174.42) price objective on shares of Continental and gave the company a “buy” rating in a research report on Friday, September 13th. Jefferies Financial Group set a €130.00 ($151.16) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Wednesday. Commerzbank set a €135.00 ($156.98) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Tuesday, September 3rd. Finally, HSBC set a €130.00 ($151.16) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Thursday, August 15th. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have assigned a buy rating to the stock. Continental currently has a consensus rating of “Hold” and an average price target of €138.58 ($161.14).

Shares of ETR:CON traded up €0.02 ($0.02) during trading on Wednesday, reaching €117.00 ($136.05). The stock had a trading volume of 688,762 shares, compared to its average volume of 476,379. The business has a fifty day moving average price of €114.37 and a 200-day moving average price of €128.85. The company has a quick ratio of 0.63, a current ratio of 1.02 and a debt-to-equity ratio of 42.35. The stock has a market cap of $23.40 billion and a P/E ratio of 9.76. Continental has a fifty-two week low of €103.62 ($120.49) and a fifty-two week high of €160.45 ($186.57).



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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Analyst Recommendations for Continental (ETR:CON)

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