Continental (CON) PT Set at €260.00 by Warburg Research
Continental (ETR:CON) has been given a €260.00 ($309.52) price target by analysts at Warburg Research in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target would suggest a potential upside of 6.73% from the company’s current price.
A number of other brokerages have also weighed in on CON. Barclays set a €221.00 ($263.10) price objective on Continental and gave the company a “neutral” rating in a research report on Tuesday. Morgan Stanley set a €220.00 ($261.90) price target on Continental and gave the stock a “neutral” rating in a research report on Wednesday. Nord/LB set a €240.00 ($285.71) price target on Continental and gave the stock a “neutral” rating in a research report on Wednesday. UBS Group set a €253.00 ($301.19) price target on Continental and gave the stock a “buy” rating in a research report on Friday, January 5th. Finally, Jefferies Group set a €260.00 ($309.52) price target on Continental and gave the stock a “buy” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €239.34 ($284.93).
Continental (ETR CON) opened at €243.60 ($290.00) on Wednesday. The firm has a market capitalization of $49,440.00 and a PE ratio of 16.20. Continental has a 12-month low of €180.70 ($215.12) and a 12-month high of €249.70 ($297.26).
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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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