Continental (ETR:CON) Given a €130.00 Price Target by UBS Group Analysts
UBS Group set a €130.00 ($151.16) price objective on Continental (ETR:CON) in a report published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also recently issued reports on CON. Nord/LB set a €29.30 ($34.07) price objective on Aareal Bank and gave the company a neutral rating in a report on Thursday, May 9th. Bank of America set a €155.00 ($180.23) price objective on Continental and gave the company a buy rating in a report on Tuesday, May 14th. JPMorgan Chase & Co. reissued a buy rating on shares of SS&C Technologies in a report on Monday, July 1st. Hauck & Aufhaeuser set a €155.00 ($180.23) price objective on Continental and gave the company a neutral rating in a report on Friday, April 26th. Finally, Barclays reissued a buy rating on shares of Ultragenyx Pharmaceutical in a report on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of €154.78 ($179.98).
Continental stock opened at €118.32 ($137.58) on Monday. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 33.20. The company’s 50-day moving average price is €124.92. The stock has a market cap of $23.66 billion and a P/E ratio of 8.65. Continental has a fifty-two week low of €118.30 ($137.56) and a fifty-two 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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