Continental (ETR:CON) Given a €133.00 Price Target at Jefferies Financial Group
Continental (ETR:CON) received a €133.00 ($154.65) target price from investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective points to a potential upside of 1.22% from the company’s current price.
Other analysts have also recently issued research reports about the company. Pareto Securities set a €120.00 ($139.53) price target on Continental and gave the company a “neutral” rating in a report on Wednesday, July 24th. Kepler Capital Markets set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a report on Thursday, September 26th. Bank of America set a €124.00 ($144.19) price target on Continental and gave the company a “neutral” rating in a report on Tuesday, October 15th. Hauck & Aufhaeuser set a €117.00 ($136.05) price target on Continental and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, Goldman Sachs Group set a €118.00 ($137.21) price target on Continental and gave the company a “neutral” rating in a report on Monday, August 19th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €134.29 ($156.15).
Shares of ETR:CON traded down €1.28 ($1.49) on Thursday, hitting €131.40 ($152.79). The company’s stock had a trading volume of 682,092 shares, compared to its average volume of 476,379. The company has a 50-day simple moving average of €119.42 and a 200 day simple moving average of €123.27. Continental has a 1 year low of €103.62 ($120.49) and a 1 year high of €157.40 ($183.02). The company has a market capitalization of $26.28 billion and a PE ratio of 10.96. 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 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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