Continental AG (CON) Given a €240.00 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €240.00 ($282.35) price objective on Continental AG (ETR:CON) in a research report released on Thursday. The brokerage currently has a buy rating on the stock.

Several other analysts have also recently weighed in on the stock. UBS AG set a €230.00 ($270.59) price objective on shares of Continental AG and gave the stock a buy rating in a research note on Wednesday, October 11th. Independent Research GmbH set a €207.00 ($243.53) price objective on shares of Continental AG and gave the stock a neutral rating in a research note on Friday, August 4th. Warburg Research set a €250.00 ($294.12) price objective on shares of Continental AG and gave the stock a buy rating in a research note on Wednesday, July 26th. equinet AG set a €265.00 ($311.76) price objective on shares of Continental AG and gave the stock a buy rating in a research note on Monday, October 9th. Finally, Deutsche Bank AG set a €230.00 ($270.59) price objective on shares of Continental AG and gave the stock a buy rating in a research note on Wednesday, August 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company. Continental AG presently has an average rating of Buy and a consensus price target of €222.68 ($261.97).

Continental AG (ETR CON) traded up 0.348% during mid-day trading on Thursday, reaching €213.665. 295 shares of the company were exchanged. Continental AG has a 12-month low of €158.35 and a 12-month high of €217.73. The stock has a market capitalization of €42.73 billion and a price-to-earnings ratio of 16.066. The company’s 50 day moving average price is €208.04 and its 200-day moving average price is €199.95.

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Continental AG Company Profile

Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. The company’s Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems.

Analyst Recommendations for Continental AG (ETR:CON)

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