Goldman Sachs Analysts Give Continental (CON) a €267.00 Price Target

Continental (ETR:CON) has been assigned a €267.00 ($317.86) target price by research analysts at Goldman Sachs in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs’ price target points to a potential upside of 17.11% from the company’s current price.

Other equities research analysts have also issued reports about the stock. UBS set a €253.00 ($301.19) target price on shares of Continental and gave the stock a “buy” rating in a research note on Thursday, January 11th. Warburg Research set a €285.00 ($339.29) target price on shares of Continental and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Citigroup set a €257.00 ($305.95) target price on shares of Continental and gave the stock a “buy” rating in a research note on Monday, January 15th. equinet set a €270.00 ($321.43) target price on shares of Continental and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Finally, Jefferies Group set a €282.00 ($335.71) target price on shares of Continental and gave the stock a “buy” rating in a research note on Thursday, January 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. Continental presently has an average rating of “Buy” and an average price target of €253.00 ($301.19).

Shares of CON stock traded down €0.20 ($0.24) during mid-day trading on Tuesday, hitting €228.00 ($271.43). 348,534 shares of the stock were exchanged, compared to its average volume of 476,379. Continental has a 52-week low of €186.55 ($222.08) and a 52-week high of €257.40 ($306.43).

About Continental

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.

Analyst Recommendations for Continental (ETR:CON)

Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply