Continental AG (ETR:CON) has been given a €240.00 ($272.73) target price by HSBC Holdings plc in a report issued on Friday. The brokerage presently has a “buy” rating on the stock.

A number of other equities analysts have also recently issued reports on CON. Kepler Capital Markets set a €240.00 ($272.73) target price on Continental AG and gave the stock a “buy” rating in a report on Saturday, May 20th. UBS AG set a €232.00 ($263.64) target price on Continental AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €227.40 ($258.41) target price on Continental AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Independent Research GmbH set a €211.00 ($239.77) target price on Continental AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Finally, Barclays PLC set a €190.00 ($215.91) target price on Continental AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €214.00 ($243.18).

Shares of Continental AG (ETR:CON) opened at 196.45 on Friday. The company has a market capitalization of €39.29 billion and a P/E ratio of 13.94. Continental AG has a one year low of €158.35 and a one year high of €210.02. The stock has a 50 day moving average price of €199.78 and a 200-day moving average price of €194.79.

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About Continental AG

Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.

Analyst Recommendations for Continental AG (ETR:CON)

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