Continental AG (CON) Given a €234.50 Price Target at Citigroup Inc.
A number of other analysts also recently weighed in on CON. UBS AG set a €232.00 ($276.19) target price on Continental AG and gave the company a buy rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €240.00 ($285.71) target price on Continental AG and gave the company a buy rating in a research report on Wednesday, August 9th. Deutsche Bank AG set a €230.00 ($273.81) target price on Continental AG and gave the company a buy rating in a research report on Wednesday, August 9th. Berenberg Bank set a €150.00 ($178.57) target price on Continental AG and gave the company a sell rating in a research report on Friday, August 25th. Finally, Jefferies Group LLC set a €216.00 ($257.14) target price on Continental AG and gave the company a buy rating in a research report on Monday, August 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €218.73 ($260.39).
Shares of Continental AG (ETR CON) traded up 0.12% during midday trading on Friday, hitting €189.85. 239 shares of the stock traded hands. The firm’s 50 day moving average price is €192.46 and its 200 day moving average price is €196.51. Continental AG has a 12-month low of €158.35 and a 12-month high of €210.02. The company has a market capitalization of €37.97 billion and a PE ratio of 14.28.
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About Continental AG
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The companys 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.
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