The firm presently has a "buy" rating on the stock.
Other analysts also recently issued research reports about the company. Independent Research set a €233.00 ($277.38) price target on Continental and gave the company a neutral rating in a report on Tuesday, January 2nd. Goldman Sachs Group set a €230.00 ($273.81) target price on Continental and gave the company a "buy" rating in a report on Friday, October 27th. Sanford C. Bernstein set a €260.00 ($309.52) target price on shares of Continental and gave the company a "neutral" rating in a report on Monday, January 22nd. Finally, Barclays PLC set a €190.00 ($223.53) price target on Continental AG and gave the company a neutral rating in a research report on Saturday, May 20th. Finally, Commerzbank set a €220.00 ($261.90) target price on shares of Continental and gave the company a "neutral" rating in a report on Monday, January 22nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the stock. Continental AG now has an average rating of Hold and a consensus price target of €216.47 ($254.67).
Continental AG (ETR:CON) traded up 0.299% during mid-day trading on Friday, hitting €189.565. Continental AG has a 52-week low of €158.35 and a 52-week high of €210.03. The firm has a market cap of $49,280.00 and a price-to-earnings ratio of 16.38.
COPYRIGHT VIOLATION NOTICE: "Continental (CON) PT Set at €265.00 by Bank of America" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal.
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.