Continental (ETR:CON) has been assigned a €119.00 ($138.37) target price by equities researchers at JPMorgan Chase & Co. in a research note issued on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 3.72% from the company’s current price.

A number of other research analysts also recently issued reports on CON. Berenberg Bank set a €140.00 ($162.79) target price on shares of Continental and gave the company a “neutral” rating in a research report on Monday, February 18th. UBS Group set a €130.00 ($151.16) target price on shares of Continental and gave the company a “neutral” rating in a research report on Wednesday, February 27th. Sanford C. Bernstein set a €210.00 ($244.19) target price on shares of Continental and gave the company a “buy” rating in a research report on Wednesday, February 27th. Morgan Stanley set a €171.00 ($198.84) target price on shares of Continental and gave the company a “buy” rating in a research report on Monday, March 4th. Finally, Warburg Research set a €200.00 ($232.56) target price on shares of Continental and gave the company a “buy” rating in a research report on Friday, March 8th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of €157.40 ($183.02).

ETR CON opened at €123.60 ($143.72) on Monday. The firm has a market cap of $24.72 billion and a P/E ratio of 9.04. Continental has a 1 year low of €118.30 ($137.56) and a 1 year high of €226.20 ($263.02). The company has a debt-to-equity ratio of 33.20, a current ratio of 1.03 and a quick ratio of 0.64.

Continental Company Profile

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.

Featured Story: Bollinger Bands

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 MarketBeat.com's FREE daily email newsletter.