Jefferies Financial Group Analysts Give Continental (ETR:CON) a €124.00 Price Target
Jefferies Financial Group set a €124.00 ($144.19) target price on Continental (ETR:CON) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts have also recently weighed in on CON. Deutsche Bank set a €120.00 ($139.53) price target on shares of Continental and gave the company a neutral rating in a research report on Wednesday, November 13th. Royal Bank of Canada set a €119.00 ($138.37) price objective on shares of Continental and gave the company a neutral rating in a research note on Tuesday, January 28th. Barclays set a €115.00 ($133.72) price objective on shares of Continental and gave the company a sell rating in a research note on Thursday, January 23rd. Sanford C. Bernstein set a €180.00 ($209.30) price objective on shares of Continental and gave the company a buy rating in a research note on Monday, January 6th. Finally, Warburg Research set a €175.00 ($203.49) price objective on shares of Continental and gave the company a buy rating in a research note on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of €130.82 ($152.11).
Shares of CON opened at €110.80 ($128.84) on Wednesday. Continental has a 1-year low of €99.26 ($115.42) and a 1-year high of €157.40 ($183.02). The stock has a market cap of $22.16 billion and a PE ratio of -103.17. The company has a debt-to-equity ratio of 47.97, a current ratio of 1.05 and a quick ratio of 0.66. The firm has a fifty day moving average price of €110.72 and a 200 day moving average price of €116.43.
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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