Royal Bank of Canada Analysts Give Continental (ETR:CON) a €136.00 Price Target
Royal Bank of Canada set a €136.00 ($158.14) target price on Continental (ETR:CON) in a research note released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities analysts also recently weighed in on the company. Oddo Bhf set a €130.00 ($151.16) price target on Continental and gave the stock a neutral rating in a research report on Monday, July 1st. Barclays boosted their price target on Roper Technologies from $342.00 to $355.00 and gave the stock an equal weight rating in a research report on Tuesday, July 9th. HSBC reissued a buy rating and set a GBX 275 ($3.59) price target on shares of in a research report on Thursday, June 27th. Credit Suisse Group started coverage on Regeneron Pharmaceuticals in a research report on Monday, May 20th. They set a neutral rating and a $336.00 price target on the stock. Finally, Hauck & Aufhaeuser set a €155.00 ($180.23) price target on Continental and gave the stock a neutral rating in a research report on Friday, April 26th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seven have assigned a buy rating to the stock. Continental currently has a consensus rating of Hold and a consensus price target of €153.66 ($178.68).
Shares of ETR CON opened at €120.20 ($139.77) on Wednesday. The stock’s 50 day simple moving average is €124.02. The firm has a market capitalization of $24.04 billion and a P/E ratio of 8.79. The company has a current ratio of 1.03, a quick ratio of 0.64 and a debt-to-equity ratio of 33.20. Continental has a twelve month low of €112.46 ($130.77) and a twelve month high of €211.00 ($245.35).
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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