Continental AG (CON) PT Set at €240.00 by Sanford C. Bernstein
Continental AG (ETR:CON) has been assigned a €240.00 ($285.71) price objective by equities researchers at Sanford C. Bernstein in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock.
CON has been the subject of several other reports. Berenberg Bank set a €150.00 ($178.57) price objective on Continental AG and gave the company a “sell” rating in a research note on Thursday, May 25th. UBS AG set a €232.00 ($276.19) price objective on Continental AG and gave the company a “buy” rating in a research note on Monday, July 10th. HSBC Holdings plc set a €240.00 ($285.71) price objective on Continental AG and gave the company a “buy” rating in a research note on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €232.00 ($276.19) price objective on Continental AG and gave the company a “buy” rating in a research note on Tuesday, August 22nd. Finally, BNP Paribas set a €200.00 ($238.10) price objective on Continental AG and gave the company a “neutral” rating in a research note on Wednesday, May 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €218.73 ($260.39).
Continental AG (ETR CON) opened at 194.995 on Tuesday. The company has a 50 day moving average of €192.12 and a 200-day moving average of €196.62. Continental AG has a 12-month low of €158.35 and a 12-month high of €210.03. The stock has a market capitalization of €39.00 billion and a price-to-earnings ratio of 14.662.
TRADEMARK VIOLATION NOTICE: This story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/09/07/continental-ag-con-pt-set-at-240-00-by-sanford-c-bernstein.html.
Continental AG Company Profile
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.
Receive News & Stock Ratings for Continental AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental AG and related stocks with our FREE daily email newsletter.