Continental AG (CON) PT Set at €220.00 by Morgan Stanley

Continental AG (ETR:CON) has been given a €220.00 ($258.82) target price by Morgan Stanley in a research note issued to investors on Monday. The firm currently has a “neutral” rating on the stock.

Several other brokerages also recently weighed in on CON. equinet AG set a €240.00 ($282.35) price target on shares of Continental AG and gave the company a “buy” rating in a report on Thursday, August 3rd. J P Morgan Chase & Co set a €223.00 ($262.35) price target on shares of Continental AG and gave the company a “neutral” rating in a report on Friday, August 4th. Berenberg Bank set a €150.00 ($176.47) price target on shares of Continental AG and gave the company a “sell” rating in a report on Friday, August 25th. Deutsche Bank AG set a €230.00 ($270.59) price target on shares of Continental AG and gave the company a “buy” rating in a report on Friday, September 8th. Finally, Citigroup Inc. set a €234.50 ($275.88) price target on shares of Continental AG and gave the company a “buy” rating in a report on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of €222.18 ($261.38).

Shares of Continental AG (CON) opened at 215.95 on Monday. The company’s 50-day moving average is €203.06 and its 200-day moving average is €199.20. Continental AG has a 12-month low of €158.35 and a 12-month high of €217.73. The company has a market cap of €43.19 billion and a price-to-earnings ratio of 16.24.

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About Continental AG

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 AG (ETR:CON)

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