Continental AG (CON) Given Consensus Recommendation of “Buy” by Brokerages
Continental AG (ETR:CON) has been assigned a consensus rating of “Buy” from the twenty research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is €219.18 ($260.92).
A number of equities research analysts have recently commented on CON shares. equinet AG set a €240.00 ($285.71) price target on shares of Continental AG and gave the stock a “buy” rating in a report on Thursday, August 3rd. J P Morgan Chase & Co set a €223.00 ($265.48) price target on shares of Continental AG and gave the stock a “neutral” rating in a report on Friday, August 4th. Berenberg Bank set a €150.00 ($178.57) price target on shares of Continental AG and gave the stock a “sell” rating in a report on Friday, August 25th. Deutsche Bank AG set a €230.00 ($273.81) price target on shares of Continental AG and gave the stock a “buy” rating in a report on Friday, September 8th. Finally, Kepler Capital Markets set a €240.00 ($285.71) price target on shares of Continental AG and gave the stock a “buy” rating in a report on Thursday, June 8th.
Shares of Continental AG (CON) opened at 212.415 on Friday. The stock has a 50 day moving average of €194.04 and a 200 day moving average of €197.23. Continental AG has a 1-year low of €158.35 and a 1-year high of €213.32. The stock has a market cap of €42.48 billion and a PE ratio of 15.972.
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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.
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