UBS Group Reiterates “€130.00” Price Target for Continental (ETR:CON)

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Continental (ETR:CON) received a €130.00 ($151.16) price target from equities researchers at UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 5.76% from the stock’s previous close.

Other analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €118.00 ($137.21) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Monday, August 19th. Commerzbank set a €135.00 ($156.98) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Tuesday, September 3rd. 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 note on Tuesday, August 13th. JPMorgan Chase & Co. set a €119.00 ($138.37) target price on shares of Continental and gave the stock a “sell” rating in a research note on Monday, September 2nd. Finally, Kepler Capital Markets set a €145.00 ($168.60) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Friday, June 28th. Two investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and four have issued a buy rating to the stock. Continental currently has an average rating of “Hold” and a consensus target price of €138.58 ($161.14).

ETR CON opened at €122.92 ($142.93) on Tuesday. The firm has a 50-day moving average of €114.86 and a 200-day moving average of €129.66. The company has a debt-to-equity ratio of 42.35, a quick ratio of 0.63 and a current ratio of 1.02. The stock has a market cap of $24.58 billion and a PE ratio of 10.25. Continental has a 52-week low of €103.62 ($120.49) and a 52-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.

See Also: Market Capitalization – What it Means for Investors

Analyst Recommendations for Continental (ETR:CON)

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