Morgan Stanley Reiterates €220.00 Price Target for Continental (CON)

Morgan Stanley set a €220.00 ($261.90) price target on Continental (ETR:CON) in a research note released on Wednesday. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also recently issued reports on CON. Citigroup set a €234.50 ($279.17) price objective on Continental and gave the stock a buy rating in a report on Thursday, September 28th. Jefferies Group set a €245.00 ($291.67) price objective on Continental and gave the stock a buy rating in a report on Thursday, November 2nd. UBS Group set a €253.00 ($301.19) price objective on Continental and gave the stock a buy rating in a report on Friday, January 5th. Warburg Research set a €250.00 ($297.62) price objective on Continental and gave the stock a buy rating in a report on Friday, September 29th. Finally, Independent Research set a €233.00 ($277.38) price objective on Continental and gave the stock a neutral rating in a report on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of €239.89 ($285.58).

Shares of Continental (CON) opened at €244.10 ($290.60) on Wednesday. Continental has a fifty-two week low of €180.70 ($215.12) and a fifty-two week high of €256.50 ($305.36). The stock has a market capitalization of $48,820.00 and a price-to-earnings ratio of 16.23.

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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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