Continental AG (ETR:CON) received a €230.00 ($270.59) target price from equities researchers at UBS AG in a research note issued to investors on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock.

Other research analysts have also issued reports about the stock. Jefferies Group LLC set a €220.00 ($258.82) price target on shares of Continental AG and gave the company a “buy” rating in a research report on Tuesday, June 20th. Sanford C. Bernstein set a €240.00 ($282.35) price target on shares of Continental AG and gave the company a “buy” rating in a research report on Monday, June 19th. S&P Global set a €220.00 ($258.82) price target on shares of Continental AG and gave the company a “buy” rating in a research report on Thursday, June 15th. Goldman Sachs Group, Inc. (The) set a €234.00 ($275.29) price target on shares of Continental AG and gave the company a “buy” rating in a research report on Tuesday, July 11th. Finally, HSBC Holdings plc set a €240.00 ($282.35) price target on shares of Continental AG and gave the company a “buy” rating in a research report on Friday, July 14th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of €222.08 ($261.26).

Continental AG (ETR:CON) traded up 0.30% on Wednesday, hitting €216.15. 425 shares of the stock traded hands. The firm has a market capitalization of €43.23 billion and a PE ratio of 16.25. Continental AG has a 52 week low of €158.35 and a 52 week high of €217.73. The stock has a 50 day moving average of €203.06 and a 200 day moving average of €199.20.

COPYRIGHT VIOLATION NOTICE: “Continental AG (CON) Given a €230.00 Price Target at UBS AG” was first published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of international trademark and copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/10/11/continental-ag-con-given-a-230-00-price-target-at-ubs-ag.html.

Continental AG Company Profile

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company’s 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.

Analyst Recommendations for Continental AG (ETR:CON)

Receive News & Ratings for Continental AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental AG and related companies with MarketBeat.com's FREE daily email newsletter.