Continental AG (CON) Given a €230.00 Price Target at Deutsche Bank AG

Geronimo Vena
Agosto 13, 2017

Sanford C. Bernstein set a €240.00 ($282.35) price objective on Continental AG (ETR:CON) in a research note released on Wednesday. Analysts have a buy recommendation on the company shares.

Shares of Continental AG (CON) opened at 189.037 on Wednesday.

Continental AG (ETR:CON) has earned a consensus rating of "Buy" from the nineteen brokerages that are presently covering the firm, Marketbeat.com reports. The company has a market capitalization of €37.71 billion and a price-to-earnings ratio of 13.380. Continental AG has a 1 year low of €158.35 has a 1 year high of €210.02. the company has 50 day SMA price of €193.01 and a two hundred day SMA of €196.08.

Several research firms recently issued reports on CON. Independent Research GmbH set a €211.00 ($248.24) price target on shares of Continental AG and gave the company a "neutral" rating in a research report on Saturday, May 20th. Goldman Sachs Group, (The) fixed a €227.40 ($267.53) price objective on Continental AG and issued the company a buy recommendation in a study note on Saturday, May 20th. S&P Global set a €220.00 ($258.82) target price on shares of Continental AG and gave the company a neutral rating in a research note on Saturday, May 20th. equinet AG set a €240.00 ($282.35) target price on shares of Continental AG and gave the company a buy rating in a research note on Thursday, August 3rd. Lastly, Bank of America Corporation fixed a €240.00 ($282.35) price objective on Continental AG and issued the company a buy recommendation in a study note published on Fri, Jun 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company's stock. The stock has an average rating of Hold and a consensus target price of €216.47 ($254.67).

ILLEGAL ACTIVITY WARNING: "Deutsche Bank AG Analysts Give Continental AG (ETR:CON) a €230.00 Price Target" was published by Rincon Hill News and is the sole property of of Rincon Hill News. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and worldwide copyright & trademark legislation. The Company's segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.

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