Cfra Analysts Give Continental (CON) a €150.00 Price Target
CON has been the topic of a number of other reports. Commerzbank set a €190.00 ($220.93) target price on shares of Continental and gave the company a neutral rating in a report on Friday, August 24th. JPMorgan Chase & Co. set a €184.00 ($213.95) price target on shares of Continental and gave the company a neutral rating in a research note on Tuesday, August 28th. BNP Paribas set a €145.00 ($168.60) price target on shares of Continental and gave the company a sell rating in a research note on Tuesday, October 16th. Berenberg Bank set a €150.00 ($174.42) price target on shares of Continental and gave the company a sell rating in a research note on Friday, August 31st. Finally, Jefferies Financial Group set a €215.00 ($250.00) price target on shares of Continental and gave the company a buy rating in a research note on Thursday, August 16th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €187.14 ($217.60).
Shares of CON stock traded down €2.15 ($2.50) on Friday, reaching €138.05 ($160.52). The stock had a trading volume of 1,022,175 shares, compared to its average volume of 476,379. Continental has a 12 month low of €186.55 ($216.92) and a 12 month high of €257.40 ($299.30).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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.
Further Reading: Retained Earnings
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