Jefferies Group LLC Analysts Give Continental AG (CON) a €216.00 Price Target
Continental AG (ETR:CON) received a €216.00 ($254.12) price objective from research analysts at Jefferies Group LLC in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock.
A number of other equities research analysts have also commented on the company. J P Morgan Chase & Co set a €223.00 ($262.35) price target on Continental AG and gave the company a “neutral” rating in a research report on Friday, August 4th. Independent Research GmbH set a €207.00 ($243.53) price target on Continental AG and gave the company a “neutral” rating in a research report on Friday, August 4th. Warburg Research set a €250.00 ($294.12) target price on Continental AG and gave the company a “buy” rating in a research report on Friday, August 4th. Goldman Sachs Group, Inc. (The) set a €235.00 ($276.47) target price on Continental AG and gave the company a “buy” rating in a research report on Friday, August 4th. Finally, S&P Global set a €220.00 ($258.82) target price on Continental AG and gave the company a “buy” rating in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €218.05 ($256.53).
Continental AG (ETR:CON) opened at 191.65 on Monday. Continental AG has a 52-week low of €158.35 and a 52-week high of €210.02. The company has a market capitalization of €38.33 billion and a PE ratio of 13.60. The firm’s 50-day moving average is €193.23 and its 200-day moving average is €196.05.
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About Continental AG
Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.
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