UBS set a €253.00 ($312.35) price objective on Continental (ETR:CON) in a research report sent to investors on Wednesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
CON has been the topic of a number of other reports. Commerzbank set a €247.00 ($304.94) target price on shares of Continental and gave the stock a neutral rating in a research report on Monday, January 29th. Barclays set a €221.00 ($272.84) price objective on shares of Continental and gave the company a neutral rating in a research note on Tuesday, January 9th. Independent Research set a €233.00 ($287.65) price objective on shares of Continental and gave the company a neutral rating in a research note on Tuesday, January 2nd. Sanford C. Bernstein set a €240.00 ($296.30) price objective on shares of Continental and gave the company a buy rating in a research note on Wednesday, December 20th. Finally, JPMorgan Chase set a €240.00 ($296.30) price objective on shares of Continental and gave the company a buy rating in a research note on Friday, March 9th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of €254.43 ($314.12).
Shares of ETR:CON opened at €222.70 ($274.94) on Wednesday. Continental has a one year low of €186.55 ($230.31) and a one year high of €257.40 ($317.78).
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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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