Continental (CON) Given a €205.00 Price Target at Morgan Stanley
Continental (ETR:CON) received a €205.00 ($238.37) price target from Morgan Stanley in a research report issued to clients and investors on Friday, September 21st. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 46.27% from the company’s previous close.
CON has been the topic of a number of other reports. Nord/LB set a €220.00 ($255.81) price target on shares of Continental and gave the stock a “neutral” rating in a research report on Thursday, July 19th. Jefferies Financial Group set a €270.00 ($313.95) target price on shares of Continental and gave the stock a “buy” rating in a report on Thursday, May 24th. Goldman Sachs Group set a €211.00 ($245.35) target price on shares of Continental and gave the stock a “buy” rating in a report on Monday, August 27th. HSBC set a €225.00 ($261.63) target price on shares of Continental and gave the stock a “neutral” rating in a report on Thursday, July 19th. Finally, Credit Suisse Group set a €222.00 ($258.14) target price on shares of Continental and gave the stock a “neutral” rating in a report on Thursday, July 19th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €197.56 ($229.72).
Continental stock traded up €3.15 ($3.66) during midday trading on Friday, reaching €140.15 ($162.97). 921,435 shares of the stock traded hands, compared to its average volume of 476,379. Continental has a fifty-two week low of €186.55 ($216.92) and a fifty-two week high of €257.40 ($299.30).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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.
See Also: Stop Order
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.