Royal Bank of Canada Analysts Give Continental (ETR:CON) a €123.00 Price Target
Royal Bank of Canada set a €123.00 ($143.02) price objective on Continental (ETR:CON) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €119.00 ($138.37) target price on shares of Continental and gave the company a sell rating in a research note on Wednesday, August 7th. Bank of America set a €140.00 ($162.79) target price on shares of Continental and gave the company a buy rating in a research note on Tuesday, July 23rd. Credit Suisse Group set a €148.00 ($172.09) target price on shares of Continental and gave the company a neutral rating in a research note on Monday, May 20th. Pareto Securities set a €120.00 ($139.53) target price on shares of Continental and gave the company a neutral rating in a research note on Wednesday, July 24th. Finally, Barclays set a €130.00 ($151.16) target price on shares of Continental and gave the company a neutral rating in a research note on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and seven have given a buy rating to the stock. The stock has an average rating of Hold and an average price target of €146.22 ($170.02).
Shares of CON opened at €104.16 ($121.12) on Tuesday. The firm’s 50 day simple moving average is €121.33 and its 200 day simple moving average is €133.55. The company has a market capitalization of $20.83 billion and a P/E ratio of 7.62. The company has a debt-to-equity ratio of 42.35, a current ratio of 1.02 and a quick ratio of 0.63. Continental has a 1-year low of €112.46 ($130.77) and a 1-year high of €190.05 ($220.99).
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
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