UBS Group set a €130.00 ($151.16) price target on Continental (ETR:CON) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
CON has been the subject of several other reports. Warburg Research set a €200.00 ($232.56) price objective on shares of Continental and gave the stock a buy rating in a research note on Friday, June 14th. Oddo Bhf set a €130.00 ($151.16) price target on shares of Continental and gave the company a neutral rating in a research report on Monday, July 1st. Independent Research set a €152.00 ($176.74) price target on shares of Continental and gave the company a neutral rating in a research report on Friday, May 10th. Jefferies Financial Group reaffirmed a buy rating and set a GBX 3,000 ($39.20) price target on shares of in a research report on Monday, June 3rd. Finally, Royal Bank of Canada set a €67.00 ($77.91) price target on shares of Daimler and gave the company a buy rating in a research report on Monday, June 3rd. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €154.78 ($179.98).
CON traded down €3.00 ($3.49) during trading on Monday, hitting €115.22 ($133.98). 1,571,320 shares of the stock traded hands, compared to its average volume of 476,379. Continental has a twelve month low of €118.30 ($137.56) and a twelve month high of €211.00 ($245.35). The firm has a market cap of $23.04 billion and a P/E ratio of 8.42. 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 business’s 50 day moving average is €125.15.
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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