UBS Group Reiterates “€130.00” Price Target for Continental (CON)
UBS Group set a €130.00 ($151.16) price target on Continental (ETR:CON) in a research report report published on Thursday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also issued reports about the stock. Jefferies Financial Group set a €165.00 ($191.86) target price on shares of Continental and gave the stock a buy rating in a research report on Friday, October 12th. Goldman Sachs Group set a €211.00 ($245.35) target price on shares of Continental and gave the stock a buy rating in a research report on Thursday, September 27th. Morgan Stanley set a €205.00 ($238.37) target price on shares of Continental and gave the stock a buy rating in a research report on Friday, September 21st. Kepler Capital Markets set a €200.00 ($232.56) price objective on shares of Continental and gave the company a buy rating in a report on Thursday, September 20th. Finally, equinet set a €195.00 ($226.74) price objective on shares of Continental and gave the company a buy rating in a report on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. Continental currently has an average rating of Hold and an average target price of €174.36 ($202.74).
Shares of CON stock traded down €2.65 ($3.08) during trading hours on Thursday, reaching €126.50 ($147.09). 1,216,130 shares of the company were exchanged, compared to its average volume of 476,379. Continental has a fifty-two week low of €186.55 ($216.92) and a fifty-two week 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.
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