Continental AG (ETR:CON) Receives €141.22 Consensus Price Target from Analysts

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Shares of Continental AG (ETR:CON) have earned an average rating of “Hold” from the twenty-five ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is €141.22 ($164.21).

Several research analysts recently issued reports on CON shares. Royal Bank of Canada set a €123.00 ($143.02) target price on shares of Continental and gave the stock a “neutral” rating in a research report on Tuesday, August 13th. HSBC set a €130.00 ($151.16) target price on shares of Continental and gave the stock a “neutral” rating in a research report on Thursday, August 15th. Warburg Research set a €175.00 ($203.49) target price on shares of Continental and gave the stock a “buy” rating in a research report on Tuesday, July 23rd. Jefferies Financial Group set a €130.00 ($151.16) target price on shares of Continental and gave the stock a “neutral” rating in a research report on Wednesday, August 14th. Finally, UBS Group set a €130.00 ($151.16) target price on shares of Continental and gave the stock a “neutral” rating in a research report on Thursday, August 15th.

Shares of CON stock opened at €107.22 ($124.67) on Friday. Continental has a one year low of €103.62 ($120.49) and a one year high of €162.45 ($188.90). The stock’s fifty day simple moving average is €116.85 and its 200 day simple moving average is €131.88. The firm has a market cap of $21.44 billion and a price-to-earnings ratio of 8.94. The company has a debt-to-equity ratio of 42.35, a current ratio of 1.02 and a quick ratio of 0.63.

About Continental

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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