Continental (ETR:CON) PT Set at €142.00 by Goldman Sachs Group
Goldman Sachs Group set a €142.00 ($165.12) price objective on Continental (ETR:CON) in a research note published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms also recently issued reports on CON. Oddo Bhf set a €130.00 ($151.16) price target on Continental and gave the company a neutral rating in a research note on Monday, July 1st. Independent Research set a €152.00 ($176.74) price target on Continental and gave the company a neutral rating in a research note on Friday, May 10th. HSBC reissued a buy rating and issued a GBX 275 ($3.59) price target on shares of in a research note on Thursday, June 27th. Morgan Stanley reissued an underweight rating and issued a C$18.00 price target on shares of WestJet Airlines in a research note on Friday, April 5th. Finally, Warburg Research set a €200.00 ($232.56) price target on Continental and gave the company a buy rating in a research note on Friday, June 14th. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of €154.78 ($179.98).
CON opened at €117.80 ($136.98) on Wednesday. The firm has a 50-day moving average price of €124.81. Continental has a 1 year low of €118.30 ($137.56) and a 1 year high of €211.00 ($245.35). The firm has a market cap of $23.56 billion and a P/E ratio of 8.61. The company has a debt-to-equity ratio of 33.20, a current ratio of 1.03 and a quick ratio of 0.64.
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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