Continental (CON) Given a €247.00 Price Target at Commerzbank

Continental (ETR:CON) has been given a €247.00 ($294.05) target price by research analysts at Commerzbank in a research report issued on Monday. The brokerage currently has a “neutral” rating on the stock. Commerzbank’s price objective points to a potential upside of 0.57% from the company’s previous close.

A number of other research firms have also weighed in on CON. Barclays set a €221.00 ($263.10) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Tuesday, January 9th. Morgan Stanley set a €220.00 ($261.90) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Wednesday, January 10th. Sanford C. Bernstein set a €260.00 ($309.52) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Monday, January 22nd. BNP Paribas set a €250.00 ($297.62) target price on shares of Continental and gave the stock a “neutral” rating in a research note on Friday, January 19th. Finally, Jefferies Group set a €282.00 ($335.71) price target on Continental and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of €249.41 ($296.92).

Shares of Continental (ETR:CON) opened at €245.60 ($292.38) on Monday. Continental has a one year low of €180.70 ($215.12) and a one year high of €256.50 ($305.36). The firm has a market cap of $49,280.00 and a P/E ratio of 16.33.

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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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