Continental (ETR:CON) received a €150.00 ($178.57) price objective from stock analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday. The firm presently has a “sell” rating on the stock. Berenberg Bank’s price target would suggest a potential downside of 38.22% from the stock’s previous close.

Other analysts also recently issued reports about the company. equinet set a €265.00 ($315.48) target price on Continental and gave the company a “buy” rating in a research note on Monday, October 9th. Deutsche Bank set a €230.00 ($273.81) target price on Continental and gave the company a “buy” rating in a research note on Friday, September 29th. Warburg Research set a €250.00 ($297.62) target price on Continental and gave the company a “buy” rating in a research note on Friday, September 29th. Citigroup set a €234.50 ($279.17) target price on Continental and gave the company a “buy” rating in a research note on Thursday, September 28th. Finally, Kepler Capital Markets set a €240.00 ($285.71) target price on Continental and gave the company a “buy” rating in a research note on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €239.89 ($285.58).

Shares of Continental (ETR CON) opened at €242.80 ($289.05) on Wednesday. The firm has a market capitalization of $48,560.00 and a PE ratio of 16.14. Continental has a 52 week low of €180.70 ($215.12) and a 52 week high of €256.50 ($305.36).

TRADEMARK VIOLATION WARNING: This report was originally published by Watch List News and is owned by of Watch List News. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://www.watchlistnews.com/continental-con-given-a-150-00-price-target-at-berenberg-bank/1803655.html.

Continental Company Profile

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 (ETR:CON)

Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with Analyst Ratings Network's FREE daily email newsletter.