Kepler Capital Markets Analysts Give Continental AG (ETR:CON) a €240.00 Price Target
Kepler Capital Markets set a €240.00 ($282.35) target price on Continental AG (ETR:CON) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also commented on CON. UBS AG set a €232.00 ($272.94) price objective on Continental AG and gave the stock a buy rating in a research report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €227.40 ($267.53) price target on Continental AG and gave the company a buy rating in a report on Saturday, May 20th. HSBC Holdings plc set a €250.00 ($294.12) price target on Continental AG and gave the company a buy rating in a report on Saturday, May 20th. Independent Research GmbH set a €211.00 ($248.24) price target on Continental AG and gave the company a neutral rating in a report on Saturday, May 20th. Finally, Barclays PLC set a €190.00 ($223.53) price target on Continental AG and gave the company a neutral rating in a report on Saturday, May 20th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. Continental AG currently has a consensus rating of Buy and a consensus target price of €218.05 ($256.53).
Shares of Continental AG (ETR:CON) opened at 189.525 on Wednesday. Continental AG has a 52-week low of €158.35 and a 52-week high of €210.03. The company’s 50-day moving average is €192.43 and its 200-day moving average is €196.07. The firm has a market cap of €37.91 billion and a P/E ratio of 14.251.
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Continental AG Company Profile
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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