Continental AG (ETR:CON) Receives €158.15 Average Price Target from Analysts

Continental AG (ETR:CON) has been assigned an average recommendation of “Hold” from the twenty-four analysts that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is €158.15 ($183.90).

Several research analysts have weighed in on the company. UBS Group set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a report on Monday, April 22nd. Morgan Stanley set a €171.00 ($198.84) price objective on shares of Continental and gave the company a “buy” rating in a research note on Monday, March 11th. Kepler Capital Markets set a €165.00 ($191.86) price objective on shares of Continental and gave the company a “buy” rating in a research note on Wednesday, March 27th. Barclays set a €148.00 ($172.09) price objective on shares of Continental and gave the company a “neutral” rating in a research note on Friday, March 29th. Finally, Hauck & Aufhaeuser set a €155.00 ($180.23) price objective on shares of Continental and gave the company a “neutral” rating in a research note on Friday, April 26th.

Shares of ETR:CON opened at €123.40 ($143.49) on Tuesday. The company has a market cap of $24.68 billion and a PE ratio of 9.02. The company has a debt-to-equity ratio of 33.20, a quick ratio of 0.64 and a current ratio of 1.03. Continental has a 12 month low of €118.30 ($137.56) and a 12 month high of €226.20 ($263.02).

Continental Company Profile

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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Analyst Recommendations for Continental (ETR:CON)

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