A number of other equities analysts have also weighed in on the company. UBS Group set a €205.00 ($238.37) price objective on Continental and gave the stock a buy rating in a research note on Thursday. Nord/LB set a €155.00 ($180.23) price objective on Continental and gave the stock a neutral rating in a research note on Thursday. JPMorgan Chase & Co. set a €184.00 ($213.95) target price on Continental and gave the company a neutral rating in a research report on Thursday. Barclays set a €218.00 ($253.49) target price on Continental and gave the company a neutral rating in a research report on Monday, October 29th. Finally, Kepler Capital Markets set a €180.00 ($209.30) target price on Continental and gave the company a buy rating in a research report on Friday, October 26th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €187.14 ($217.60).
ETR CON traded down €2.15 ($2.50) on Thursday, reaching €138.05 ($160.52). 1,022,175 shares of the company were exchanged, 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.
Further Reading: Cost of Capital
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