Continental (ETR:CON) has been given a €275.00 ($339.51) price objective by analysts at HSBC in a research note issued on Thursday, January 4th. The brokerage currently has a “buy” rating on the stock. HSBC’s target price points to a potential upside of 12.06% from the stock’s previous close.

Several other research firms have also recently commented on CON. Citigroup set a €234.50 ($289.51) price objective on shares of Continental and gave the company a “buy” rating in a research note on Thursday, September 28th. Jefferies Group set a €245.00 ($302.47) target price on shares of Continental and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Warburg Research set a €250.00 ($308.64) target price on shares of Continental and gave the stock a “buy” rating in a research report on Friday, September 29th. Deutsche Bank set a €230.00 ($283.95) target price on shares of Continental and gave the stock a “buy” rating in a research report on Friday, September 29th. Finally, BNP Paribas set a €200.00 ($246.91) target price on shares of Continental and gave the stock a “neutral” rating in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and fourteen have issued a buy rating to the company. Continental has an average rating of “Buy” and a consensus target price of €249.41 ($307.91).

Continental (ETR:CON) traded down €1.00 ($1.23) during mid-day trading on Thursday, reaching €245.40 ($302.96). 285,432 shares of the company’s stock traded hands, compared to its average volume of 424,965. The company has a market capitalization of $49,260.00 and a P/E ratio of 16.32. Continental has a 12 month low of €180.70 ($223.09) and a 12 month high of €256.50 ($316.67).

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About Continental

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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