Continental (ETR:CON) Given a €140.00 Price Target by Barclays Analysts
Barclays set a €140.00 ($162.79) target price on Continental (ETR:CON) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also issued reports on the stock. Kepler Capital Markets reissued a hold rating on shares of Continental in a research note on Friday, June 28th. Jefferies Financial Group reissued a buy rating and set a GBX 3,000 ($39.20) target price on shares of in a research note on Monday, June 3rd. Hauck & Aufhaeuser set a €155.00 ($180.23) target price on shares of Continental and gave the company a neutral rating in a research note on Friday, April 26th. UBS Group boosted their target price on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the company a neutral rating in a research note on Monday, July 8th. Finally, Royal Bank of Canada set a €67.00 ($77.91) target price on shares of Daimler and gave the company a buy rating in a research note on Monday, June 3rd. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have given a buy rating to the company. Continental has an average rating of Hold and an average price target of €154.78 ($179.98).
Continental stock opened at €117.80 ($136.98) on Tuesday. The company has a debt-to-equity ratio of 33.20, a current ratio of 1.03 and a quick ratio of 0.64. The firm’s 50-day moving average price is €124.81. The firm has a market cap of $23.56 billion and a price-to-earnings ratio of 8.61. Continental has a 52-week low of €118.30 ($137.56) and a 52-week high of €211.00 ($245.35).
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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