Barclays Analysts Give Continental (ETR:CON) a €140.00 Price Target
A number of other research firms also recently issued reports on CON. Credit Suisse Group began coverage on shares of Regeneron Pharmaceuticals in a research report on Monday, May 20th. They set a neutral rating and a $336.00 price target for the company. Warburg Research set a €200.00 ($232.56) price target on shares of Continental and gave the company a buy rating in a research report on Friday, June 14th. Jefferies Financial Group reiterated a buy rating and set a GBX 3,000 ($39.20) price target on shares of in a research report on Monday, June 3rd. Bank of America set a €155.00 ($180.23) price target on shares of Continental and gave the company a buy rating in a research report on Tuesday, May 14th. Finally, HSBC reiterated a buy rating and set a GBX 275 ($3.59) price target on shares of in a research report on Thursday, June 27th. Two analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of €154.78 ($179.98).
CON stock opened at €118.32 ($137.58) on Tuesday. The firm’s 50 day moving average is €124.92. Continental has a 12-month low of €118.30 ($137.56) and a 12-month high of €211.00 ($245.35). The company has a debt-to-equity ratio of 33.20, a quick ratio of 0.64 and a current ratio of 1.03. The firm has a market cap of $23.66 billion and a P/E ratio of 8.65.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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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