Continental (ETR:CON) Given a €130.00 Price Target by UBS Group Analysts
UBS Group set a €130.00 ($151.16) price target on Continental (ETR:CON) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
CON has been the subject of several other reports. HSBC reiterated a buy rating and issued a GBX 275 ($3.59) price objective on shares of in a research report on Thursday, June 27th. Nord/LB set a €29.30 ($34.07) price objective on Aareal Bank and gave the stock a neutral rating in a research report on Thursday, May 9th. JPMorgan Chase & Co. reiterated a buy rating on shares of SS&C Technologies in a research report on Monday, July 1st. Morgan Stanley restated an underweight rating and set a C$18.00 price target on shares of WestJet Airlines in a research report on Friday, April 5th. Finally, Royal Bank of Canada set a €67.00 ($77.91) price target on Daimler and gave the stock a buy rating in a research report on Monday, June 3rd. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €154.78 ($179.98).
Shares of Continental stock opened at €118.32 ($137.58) on Monday. The stock has a market capitalization of $23.66 billion and a price-to-earnings ratio of 8.65. Continental has a fifty-two week low of €118.30 ($137.56) and a fifty-two week high of €211.00 ($245.35). The company has a quick ratio of 0.64, a current ratio of 1.03 and a debt-to-equity ratio of 33.20. The stock has a 50 day simple moving average of €124.92.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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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