Continental (CON) PT Set at €233.00 by Independent Research

Continental (ETR:CON) has been assigned a €233.00 ($277.38) price objective by equities research analysts at Independent Research in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Independent Research’s price objective indicates a potential upside of 2.96% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Kepler Capital Markets set a €240.00 ($285.71) price objective on Continental and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Jefferies Group set a €225.00 ($267.86) price objective on Continental and gave the stock a “buy” rating in a research note on Tuesday, September 12th. Sanford C. Bernstein set a €240.00 ($285.71) price objective on Continental and gave the stock a “buy” rating in a research note on Wednesday, September 13th. BNP Paribas set a €212.00 ($252.38) price objective on Continental and gave the stock a “neutral” rating in a research note on Monday, October 16th. Finally, Commerzbank set a €205.00 ($244.05) price objective on Continental and gave the stock a “neutral” rating in a research note on Thursday, September 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. Continental currently has an average rating of “Buy” and a consensus target price of €231.36 ($275.43).

Shares of Continental (ETR CON) opened at €226.30 ($269.40) on Thursday. The stock has a market capitalization of $45,260.00 and a PE ratio of 15.05. Continental has a one year low of €180.70 ($215.12) and a one year high of €228.50 ($272.02).

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Continental Company Profile

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company’s 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.

Analyst Recommendations for Continental (ETR:CON)

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