Continental (CON) PT Set at €150.00 by Berenberg Bank

Berenberg Bank set a €150.00 ($178.57) target price on Continental (ETR:CON) in a research note released on Wednesday morning. The brokerage currently has a sell rating on the stock.

CON has been the subject of several other reports. Barclays set a €221.00 ($263.10) price target on shares of Continental and gave the company a neutral rating in a research note on Tuesday. Morgan Stanley set a €220.00 ($261.90) price target on shares of Continental and gave the stock a neutral rating in a report on Wednesday. Nord/LB set a €240.00 ($285.71) price target on shares of Continental and gave the stock a neutral rating in a report on Wednesday. Warburg Research set a €260.00 ($309.52) target price on shares of Continental and gave the company a buy rating in a research note on Wednesday. Finally, UBS Group set a €253.00 ($301.19) target price on shares of Continental and gave the company a buy rating in a research note on Friday, January 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of €239.89 ($285.58).

Shares of Continental (ETR:CON) traded up €0.40 ($0.48) during midday trading on Wednesday, reaching €242.80 ($289.05). 648,111 shares of the company were exchanged, compared to its average volume of 410,105. Continental has a fifty-two week low of €180.70 ($215.12) and a fifty-two week high of €256.50 ($305.36). The company has a market capitalization of $48,560.00 and a P/E ratio of 16.14.

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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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