Continental AG (CON) Given a €240.00 Price Target by Sanford C. Bernstein Analysts
Continental AG (ETR:CON) has been assigned a €240.00 ($285.71) price objective by analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock.
CON has been the subject of a number of other research reports. Berenberg Bank set a €150.00 ($178.57) target price on Continental AG and gave the stock a “sell” rating in a research report on Thursday, May 25th. UBS AG set a €232.00 ($276.19) target price on Continental AG and gave the stock a “buy” rating in a research report on Monday, July 10th. HSBC Holdings plc set a €240.00 ($285.71) target price on Continental AG and gave the stock a “buy” rating in a research report on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €232.00 ($276.19) target price on Continental AG and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. Finally, BNP Paribas set a €200.00 ($238.10) target price on Continental AG and gave the stock a “neutral” rating in a research report on Wednesday, May 31st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of €219.18 ($260.92).
Continental AG (CON) traded down 0.46% on Wednesday, reaching €199.85. The company had a trading volume of 702 shares. The company’s 50 day moving average price is €192.49 and its 200-day moving average price is €196.80. Continental AG has a 12 month low of €158.35 and a 12 month high of €210.02. The company has a market capitalization of €39.97 billion and a price-to-earnings ratio of 15.03.
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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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