A number of other equities analysts also recently issued reports on the stock. Warburg Research set a €285.00 ($339.29) price objective on shares of Continental and gave the stock a buy rating in a report on Tuesday. Berenberg Bank set a €150.00 ($178.57) price objective on shares of Continental and gave the stock a sell rating in a report on Tuesday. Citigroup set a €257.00 ($305.95) target price on Continental and gave the stock a buy rating in a research note on Monday, January 15th. Independent Research set a €245.00 ($291.67) target price on Continental and gave the stock a neutral rating in a research note on Thursday, January 11th. Finally, UBS Group set a €253.00 ($301.19) target price on Continental and gave the stock a buy rating in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have given a buy rating to the company. The stock has a consensus rating of Buy and an average target price of €243.77 ($290.21).
Continental (ETR CON) traded up €3.20 ($3.81) on Friday, reaching €250.10 ($297.74). 437,984 shares of the company’s stock were exchanged, compared to its average volume of 412,986. The stock has a market cap of $50,020.00 and a P/E ratio of 16.63. Continental has a 1 year low of €180.70 ($215.12) and a 1 year high of €256.50 ($305.36).
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Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company's Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.
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