Continental (ETR:CON) PT Set at €111.00 by Goldman Sachs Group

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Continental (ETR:CON) received a €111.00 ($129.07) price objective from Goldman Sachs Group in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential downside of 3.70% from the stock’s previous close.

Several other research analysts have also recently issued reports on the stock. Commerzbank set a €135.00 ($156.98) target price on shares of Continental and gave the stock a “neutral” rating in a report on Tuesday, September 3rd. Jefferies Financial Group set a €133.00 ($154.65) target price on shares of Continental and gave the stock a “neutral” rating in a report on Wednesday, November 13th. Kepler Capital Markets set a €125.00 ($145.35) target price on shares of Continental and gave the stock a “neutral” rating in a report on Wednesday, November 13th. Barclays set a €115.00 ($133.72) price target on Continental and gave the stock a “sell” rating in a research note on Wednesday, November 13th. Finally, Morgan Stanley set a €150.00 ($174.42) price target on Continental and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have assigned a buy rating to the stock. Continental presently has an average rating of “Hold” and a consensus target price of €132.59 ($154.18).

Shares of Continental stock opened at €115.26 ($134.02) on Monday. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.66 and a current ratio of 1.05. Continental has a 52-week low of €103.62 ($120.49) and a 52-week high of €157.40 ($183.02). The stock has a market capitalization of $23.05 billion and a price-to-earnings ratio of -107.32. The company’s 50 day moving average price is €122.66 and its 200-day moving average price is €120.30.

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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