JPMorgan Chase & Co. Reiterates “€64.00” Price Target for Continental (ETR:CON)

JPMorgan Chase & Co. set a €64.00 ($74.42) price target on Continental (ETR:CON) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities research analysts have also weighed in on the company. Warburg Research set a €160.00 ($186.05) price objective on Continental and gave the stock a buy rating in a report on Friday, March 6th. Morgan Stanley set a €150.00 ($174.42) price objective on Continental and gave the stock a buy rating in a report on Monday, December 16th. Deutsche Bank set a €90.00 ($104.65) target price on Continental and gave the company a neutral rating in a report on Monday, March 9th. Nord/LB set a €83.00 ($96.51) target price on Continental and gave the company a neutral rating in a report on Friday, March 20th. Finally, Hauck & Aufhaeuser set a €87.00 ($101.16) target price on Continental and gave the company a neutral rating in a report on Wednesday, March 11th. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the stock. Continental currently has a consensus rating of Hold and an average price target of €107.32 ($124.79).

ETR CON opened at €68.77 ($79.97) on Monday. The company’s fifty day moving average price is €90.47 and its two-hundred day moving average price is €110.98. Continental has a 12 month low of €51.45 ($59.83) and a 12 month high of €157.40 ($183.02). The company has a market capitalization of $13.75 billion and a price-to-earnings ratio of -11.22. The company has a debt-to-equity ratio of 47.99, a current ratio of 1.06 and a quick ratio of 0.74.

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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