Deutsche Bank AG Reiterates “€230.00” Price Target for Continental AG (ETR:CON)

Deutsche Bank AG set a €230.00 ($270.59) price target on Continental AG (ETR:CON) in a research report sent to investors on Wednesday. The firm currently has a buy rating on the stock.

CON has been the topic of a number of other research reports. Berenberg Bank set a €150.00 ($176.47) price target on shares of Continental AG and gave the company a sell rating in a research note on Thursday, May 25th. UBS AG set a €232.00 ($272.94) price target on shares of Continental AG and gave the company a buy rating in a research note on Monday, July 10th. HSBC Holdings plc set a €240.00 ($282.35) price target on shares of Continental AG and gave the company a buy rating in a research note on Friday, July 14th. BNP Paribas set a €200.00 ($235.29) price target on shares of Continental AG and gave the company a neutral rating in a research note on Wednesday, May 31st. Finally, Jefferies Group LLC set a €220.00 ($258.82) price target on shares of Continental AG and gave the company a buy rating in a research note on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of €218.05 ($256.53).

Shares of Continental AG (ETR CON) opened at 189.525 on Wednesday. Continental AG has a one year low of €158.35 and a one year high of €210.03. The company has a 50-day moving average of €192.43 and a 200 day moving average of €196.07. The stock has a market cap of €37.91 billion and a PE ratio of 14.251.

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About Continental AG

Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.

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