Continental AG (CON) PT Set at €230.00 by Deutsche Bank AG
Continental AG (ETR:CON) received a €230.00 ($273.81) target price from stock analysts at Deutsche Bank AG in a report released on Friday. The firm presently has a “buy” rating on the stock.
Several other brokerages have also weighed in on CON. Commerzbank Ag set a €205.00 ($244.05) target price on Continental AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. S&P Global set a €220.00 ($261.90) target price on Continental AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. equinet AG set a €240.00 ($285.71) target price on Continental AG and gave the stock a “buy” rating in a research report on Thursday, August 3rd. J P Morgan Chase & Co set a €223.00 ($265.48) target price on Continental AG and gave the stock a “neutral” rating in a research report on Friday, August 4th. Finally, 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 Friday, August 25th. 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. Continental AG has a consensus rating of “Buy” and a consensus target price of €219.18 ($260.92).
Continental AG (CON) traded up 1.303% during mid-day trading on Friday, reaching €206.775. The company’s stock had a trading volume of 1,825 shares. The firm has a market capitalization of €41.36 billion and a price-to-earnings ratio of 15.548. Continental AG has a 1-year low of €158.35 and a 1-year high of €210.03. The firm has a 50-day moving average of €193.38 and a 200 day moving average of €196.97.
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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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