Kepler Capital Markets Reiterates “€180.00” Price Target for Continental (CON)
Several other research analysts have also weighed in on the company. Morgan Stanley set a €240.00 ($279.07) target price on Continental and gave the stock a buy rating in a report on Wednesday, August 22nd. Sanford C. Bernstein set a €210.00 ($244.19) target price on Continental and gave the stock a buy rating in a report on Tuesday, September 4th. UBS Group set a €225.00 ($261.63) target price on Continental and gave the stock a buy rating in a report on Tuesday, September 25th. Jefferies Financial Group set a €215.00 ($250.00) target price on Continental and gave the stock a buy rating in a report on Thursday, August 16th. Finally, JPMorgan Chase & Co. set a €184.00 ($213.95) target price on Continental and gave the stock a neutral rating in a report on Tuesday, August 28th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of €195.90 ($227.80).
CON stock opened at €133.30 ($155.00) on Friday. Continental has a 1-year low of €186.55 ($216.92) and a 1-year high of €257.40 ($299.30).
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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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