Continental (ETR:CON) has been given a €130.00 ($151.16) price objective by stock analysts at Kepler Capital Markets in a research report issued to clients and investors on Thursday, September 26th, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective points to a potential upside of 12.73% from the company’s previous close.
Other research analysts have also recently issued reports about the company. HSBC set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a report on Thursday, August 15th. Barclays set a €130.00 ($151.16) price target on Continental and gave the company a “neutral” rating in a report on Thursday, August 8th. Commerzbank set a €135.00 ($156.98) price target on Continental and gave the company a “neutral” rating in a report on Tuesday, September 3rd. Deutsche Bank set a €120.00 ($139.53) price target on Continental and gave the company a “neutral” rating in a report on Tuesday, August 20th. Finally, Pareto Securities set a €120.00 ($139.53) price objective on Continental and gave the stock a “neutral” rating in a report on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €137.10 ($159.42).
Shares of Continental stock traded up €2.48 ($2.88) during trading on Thursday, reaching €115.32 ($134.09). The company’s stock had a trading volume of 667,962 shares, compared to its average volume of 476,379. The stock has a 50-day moving average price of €115.67 and a two-hundred day moving average price of €126.65. The company has a current ratio of 1.02, a quick ratio of 0.63 and a debt-to-equity ratio of 42.35. Continental has a one year low of €103.62 ($120.49) and a one year high of €157.40 ($183.02). The stock has a market capitalization of $23.06 billion and a P/E ratio of 9.62.
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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