Continental (ETR:CON) Given a €200.00 Price Target at Warburg Research

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Continental (ETR:CON) has been given a €200.00 ($232.56) target price by research analysts at Warburg Research in a note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target points to a potential upside of 60.77% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the stock. UBS Group set a €130.00 ($151.16) target price on shares of Continental and gave the stock a “neutral” rating in a report on Monday, April 22nd. Morgan Stanley set a €171.00 ($198.84) target price on shares of Continental and gave the stock a “buy” rating in a report on Monday, March 11th. Kepler Capital Markets set a €165.00 ($191.86) target price on shares of Continental and gave the stock a “buy” rating in a report on Wednesday, March 27th. Barclays set a €148.00 ($172.09) target price on shares of Continental and gave the stock a “neutral” rating in a report on Friday, March 29th. Finally, Hauck & Aufhaeuser set a €155.00 ($180.23) target price on shares of Continental and gave the stock a “neutral” rating in a report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €158.15 ($183.90).

Shares of CON stock opened at €124.40 ($144.65) on Friday. Continental has a 12-month low of €118.30 ($137.56) and a 12-month high of €226.20 ($263.02). The company has a debt-to-equity ratio of 33.20, a quick ratio of 0.64 and a current ratio of 1.03. The company has a market capitalization of $24.88 billion and a P/E ratio of 9.10.

Continental Company Profile

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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Analyst Recommendations for Continental (ETR:CON)

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