Warburg Research Reiterates €175.00 Price Target for Continental (ETR:CON)
Warburg Research set a €175.00 ($203.49) target price on Continental (ETR:CON) in a research note released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also recently commented on CON. Deutsche Bank set a €120.00 ($139.53) price objective on shares of Continental and gave the company a neutral rating in a research report on Tuesday, August 20th. Commerzbank set a €135.00 ($156.98) target price on shares of Continental and gave the stock a neutral rating in a research note on Tuesday, September 3rd. Kepler Capital Markets set a €145.00 ($168.60) target price on Continental and gave the stock a neutral rating in a report on Friday, June 28th. Independent Research set a €120.00 ($139.53) price target on Continental and gave the company a neutral rating in a research note on Tuesday, September 3rd. Finally, Sanford C. Bernstein set a €180.00 ($209.30) price target on Continental and gave the company a buy rating in a report on Thursday, August 22nd. Two analysts have rated the stock with a sell rating, nineteen have issued a hold rating and four have given a buy rating to the stock. Continental presently has a consensus rating of Hold and a consensus target price of €139.42 ($162.12).
Continental stock opened at €125.22 ($145.60) on Monday. The company has a 50 day moving average of €115.36 and a 200-day moving average of €130.25. The company has a quick ratio of 0.63, a current ratio of 1.02 and a debt-to-equity ratio of 42.35. Continental has a twelve month low of €103.62 ($120.49) and a twelve month high of €160.45 ($186.57). The stock has a market capitalization of $25.04 billion and a PE ratio of 10.45.
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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