Continental AG (CON) PT Set at €205.00 by Commerzbank Ag
Continental AG (ETR:CON) has been assigned a €205.00 ($244.05) price target by investment analysts at Commerzbank Ag in a research report issued on Thursday. The firm presently has a “neutral” rating on the stock.
CON has been the subject of a number of other research reports. Independent Research GmbH set a €207.00 ($246.43) price target on shares of Continental AG and gave the stock a “neutral” rating in a research note on Friday, August 4th. Sanford C. Bernstein set a €240.00 ($285.71) target price on shares of Continental AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Warburg Research set a €250.00 ($297.62) target price on shares of Continental AG and gave the company a “buy” rating in a research note on Wednesday, July 26th. Goldman Sachs Group, Inc. (The) set a €227.40 ($270.71) target price on shares of Continental AG and gave the company a “buy” rating in a research note on Saturday, May 20th. Finally, Deutsche Bank AG set a €230.00 ($273.81) target price on shares of Continental AG and gave the company a “buy” rating in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of €219.18 ($260.92).
Shares of Continental AG (ETR:CON) traded up 1.303% during mid-day trading on Thursday, hitting €206.775. The stock had a trading volume of 1,825 shares. The stock has a market cap of €41.36 billion and a price-to-earnings ratio of 15.548. The firm has a 50 day moving average of €193.38 and a 200 day moving average of €196.97. Continental AG has a one year low of €158.35 and a one year high of €210.03.
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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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