Continental AG (CON) Given a €230.00 Price Target by Deutsche Bank AG Analysts
Continental AG (ETR:CON) received a €230.00 ($273.81) price target from research analysts at Deutsche Bank AG in a report released on Friday. The firm currently has a “buy” rating on the stock.
CON has been the topic of a number of other research reports. Berenberg Bank set a €150.00 ($178.57) price target on Continental AG and gave the company a “sell” rating in a report on Thursday, May 25th. UBS AG set a €232.00 ($276.19) price target on Continental AG and gave the company a “buy” rating in a report on Monday, July 10th. HSBC Holdings plc set a €240.00 ($285.71) price target on Continental AG and gave the company a “buy” rating in a report on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €232.00 ($276.19) price target on Continental AG and gave the company a “buy” rating in a report on Tuesday, August 22nd. Finally, BNP Paribas set a €200.00 ($238.10) price target on Continental AG and gave the company a “neutral” rating in a report on Wednesday, May 31st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of €218.73 ($260.39).
Shares of Continental AG (ETR:CON) opened at 198.00 on Friday. Continental AG has a 12 month low of €158.35 and a 12 month high of €210.02. The company’s 50 day moving average price is €192.14 and its 200 day moving average price is €196.63. The company has a market cap of €39.60 billion and a price-to-earnings ratio of 14.89.
About Continental AG
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys 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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