Jefferies Group Reiterates €282.00 Price Target for Continental (CON)

Continental (ETR:CON) has been assigned a €282.00 ($335.71) target price by investment analysts at Jefferies Group in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s price target suggests a potential upside of 14.45% from the company’s previous close.

Several other brokerages have also recently weighed in on CON. Barclays set a €221.00 ($263.10) target price on Continental and gave the stock a “neutral” rating in a report on Tuesday, January 9th. Morgan Stanley set a €220.00 ($261.90) price target on shares of Continental and gave the company a “neutral” rating in a research report on Wednesday, January 10th. Sanford C. Bernstein set a €260.00 ($309.52) price target on shares of Continental and gave the company a “neutral” rating in a research report on Monday, January 22nd. BNP Paribas set a €250.00 ($297.62) price target on shares of Continental and gave the company a “neutral” rating in a research report on Friday, January 19th. Finally, Commerzbank set a €220.00 ($261.90) price target on shares of Continental and gave the company a “neutral” rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €248.18 ($295.45).

Shares of Continental (ETR:CON) traded up €2.50 ($2.98) during trading on Thursday, hitting €246.40 ($293.33). The stock had a trading volume of 312,261 shares, compared to its average volume of 433,129. The firm has a market cap of $49,280.00 and a PE ratio of 16.38. Continental has a fifty-two week low of €180.70 ($215.12) and a fifty-two week high of €256.50 ($305.36).

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Continental 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 (ETR:CON)

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