Kepler Capital Markets Analysts Give Continental (CON) a €200.00 Price Target

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Continental (ETR:CON) has been given a €200.00 ($232.56) target price by stock analysts at Kepler Capital Markets in a research note issued to investors on Wednesday, October 3rd. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 52.09% from the company’s previous close.

A number of other research firms have also weighed in on CON. JPMorgan Chase & Co. set a €184.00 ($213.95) target price on shares of Continental and gave the stock a “neutral” rating in a report on Monday, October 1st. Goldman Sachs Group set a €211.00 ($245.35) target price on shares of Continental and gave the stock a “buy” rating in a report on Thursday, September 27th. UBS Group set a €225.00 ($261.63) target price on shares of Continental and gave the stock a “buy” rating in a report on Tuesday, September 25th. Morgan Stanley set a €205.00 ($238.37) target price on shares of Continental and gave the stock a “buy” rating in a report on Friday, September 21st. Finally, HSBC set a €170.00 ($197.67) target price on shares of Continental and gave the stock a “neutral” rating in a report on Thursday, September 13th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €195.90 ($227.80).

Shares of CON stock traded down €6.25 ($7.27) on Wednesday, reaching €131.50 ($152.91). 1,915,053 shares of the company were exchanged, compared to its average volume of 476,379. Continental has a one year low of €186.55 ($216.92) and a one year high of €257.40 ($299.30).

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.

Further Reading: What is a Leveraged Buyout (LBO)?

Analyst Recommendations for Continental (ETR:CON)

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