JPMorgan Chase & Co. Analysts Give Continental (ETR:CON) a €119.00 Price Target
JPMorgan Chase & Co. set a €119.00 ($138.37) price objective on Continental (ETR:CON) in a research report report published on Friday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other equities analysts have also weighed in on the company. Goldman Sachs Group set a €118.00 ($137.21) target price on Continental and gave the stock a neutral rating in a research note on Monday, August 19th. Bank of America set a €123.00 ($143.02) target price on Continental and gave the stock a neutral rating in a research note on Friday. Independent Research set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a research note on Thursday, August 8th. Oddo Bhf set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a research note on Monday, July 1st. Finally, HSBC set a €130.00 ($151.16) target price on Continental and gave the stock a neutral rating in a research note on Thursday, August 15th. Two equities research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €141.22 ($164.21).
Shares of ETR CON opened at €106.98 ($124.40) on Friday. The firm has a market capitalization of $21.40 billion and a P/E ratio of 8.92. The company has a quick ratio of 0.63, a current ratio of 1.02 and a debt-to-equity ratio of 42.35. The stock’s 50-day simple moving average is €118.20 and its two-hundred day simple moving average is €132.43. Continental has a twelve month low of €103.62 ($120.49) and a twelve month high of €162.45 ($188.90).
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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