Continental AG (CON) Given Consensus Recommendation of “Hold” by Analysts
Continental AG (ETR:CON) has been given an average recommendation of “Hold” by the twenty-four analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is €163.90 ($190.58).
CON has been the subject of a number of analyst reports. Sanford C. Bernstein set a €210.00 ($244.19) price objective on shares of Continental and gave the company a “buy” rating in a research report on Tuesday, December 25th. JPMorgan Chase & Co. set a €170.00 ($197.67) price target on shares of Continental and gave the stock a “neutral” rating in a research report on Monday, January 7th. UBS Group set a €130.00 ($151.16) price target on shares of Continental and gave the stock a “neutral” rating in a research report on Thursday, January 10th. Warburg Research set a €200.00 ($232.56) price target on shares of Continental and gave the stock a “buy” rating in a research report on Thursday, January 10th. Finally, Kepler Capital Markets set a €170.00 ($197.67) price target on shares of Continental and gave the stock a “buy” rating in a research report on Friday, January 11th.
ETR:CON opened at €155.60 ($180.93) on Monday. The company has a quick ratio of 0.74, a current ratio of 1.07 and a debt-to-equity ratio of 25.13. The company has a market capitalization of $31.12 billion and a PE ratio of 10.74. Continental has a 1-year low of €118.30 ($137.56) and a 1-year high of €229.40 ($266.74).
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.
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