
Continental AG / Analyst ratings
Price targets
Analyst ratings
8 analysts rated this company in the past 90 days. The average target price is €71.13, this is a change of +26.9% compared to the current price.
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Bernstein maintains Continental's 'underperform' rating - target 50 euros
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €50. Harry Martin evaluated current growth figures for the tire market from manufacturers Michelin and Pirelli on Thursday. The US market for replacement passenger car tires is suffering from cheap imports, while the market for high-quality tires in Europe is developing strongly. Business with the automakers remains difficult. The truck sector is proving resilient in terms of replacement tires./tih/ag
Publication of the original study: September 25, 2025 / 4:44 PM / UTC
First distribution of the original study: September 25, 2025 / 4:44 PM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Continental's 'Buy' rating - target €82
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Continental with a price target of €82. Chief Financial Officer Roland Welzbacher provided more detailed insight into the current opportunities and challenges for Continental, Romain Gourvil wrote after the third day of the Berenberg conference on Wednesday. The tire business was more promising in September than in the otherwise weak quarter./ag/mf
Publication of the original study: September 24, 2025 / 3:51 p.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Hold" rating on Continental with a price target of €80. The large, consolidated, and high-margin mining tire market, largely shared between Michelin and Bridgestone, is likely close to reaching its lowest point, wrote Michael Aspinall in an industry assessment released Wednesday. Volumes are picking up again.
Publication of the original study: September 24, 2025 / 12:10 PM / ET. First distribution of the original study: September 24, 2025 / 12:10 PM / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers target for Continental to 66 euros - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Continental from €100 to €66, but maintained its "Overweight" rating. Analyst Erwann Dagorne adjusted his valuation model on Monday evening to reflect the Aumovio spin-off. However, he remains convinced of the investment story of the remaining Continental Group. He praises the focus on total return through dividends, special distributions, and potential share buybacks. In addition, the tire business has potential to catch up with regard to the valuation of competitors./ag/gl
Publication of the original study: September 22, 2025 / 7:49 PM / GMT First distribution of the original study: September 22, 2025 / 7:54 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €70
NEW YORK (dpa-AFX Analyst) - Following discussions with the head of the tire business, US bank JPMorgan has maintained Continental's "Overweight" rating with a price target of €70. Accordingly, the company remains optimistic about the growth potential of passenger and light truck tires, wrote Jose M. Asumendi in a study published Monday./rob/gl/men
Publication of the original study: September 22, 2025 / 6:39 p.m. / BST First distribution of the original study: September 22, 2025 / 6:39 p.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 50 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Underperform" with a price target of €50. Analyst Harry Martin does not believe that ContiTech is a real bargain following the corporate split. Overall, according to his analysis published on Monday, he considers a valuation of approximately €3.2 billion to be appropriate./ag/jha/
Publication of the original study: September 19, 2025 / 5:56 p.m. / UTC
First distribution of the original study: September 22, 2025 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank lowers Continental target to 63 euros - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has lowered its price target for Continental from €80 to €63 following the spin-off of its automotive supplier division Aumovio, but maintained its "Hold" rating. The strategic steps of Continental, which will become a pure-play tire manufacturer in the future, including the planned separation from its plastics technology division Contitech, offer investors a compelling cash return story, wrote Christoph Laskawi in a study published Friday. The new price target takes into account the spin-off, moderate forecast adjustments, and a higher industry valuation multiple for ContiTech./edh/jha/
Publication of the original study: September 18, 2025 / Time not specified in the study / CET
First distribution of the original study: September 18, 2025 / 8:05 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein lowers target for Continental to 50 euros - 'Underperform'
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has lowered its price target for Continental from €66 to €50 and maintained its "underperform" rating. Following the spin-off of the automotive supplier division, which was listed on the stock market under the name Aumovio, Harry Martin now views the stock as a pure bet on the tire business. The valuation premium compared to tire manufacturer Michelin is unjustified, he concluded in an assessment released Friday./rob/gl/zb
Publication of the original study: September 18, 2025 / 3:46 p.m. / UTC. First distribution of the original study: September 19, 2025 / 4:00 a.m. / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS names Continental target of 80 euros after spin-off - 'Buy'
ZURICH (dpa-AFX Analyst) - Following the spin-off from Aumovio, the Swiss major bank UBS has set its price target for Continental at €80 and maintained its "Buy" rating. Before the spin-off of the automotive supplier division, the price target was €100. In a study published Friday, David Lesne maintained his buy recommendation for the company, which will focus more on tires in the future. He pointed to the pending sale of Contitech as a major price driver, which is not priced in./rob/tih
Publication of the original study: September 18, 2025 / 4:34 p.m. / GMT
First distribution of the original study: September 19, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan lowers target for Continental to 70 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - Following the spin-off and IPO of its automotive supplier division Aumovio, US bank JPMorgan has lowered its price target for Continental from €93 to €70, but maintained its "Overweight" rating. Jose M. Asumendi wrote in an assessment released Friday that he has adjusted the financial model, estimates, and valuation to reflect the transaction. He sees further value creation potential in a margin recovery. He expects operating profit (EBIT) to grow at a compound annual rate of 10 percent through 2027. A favorable European regulatory environment, strategic options for ContiTech, a potential sale of the specialty tire business, and a generous dividend policy should also help the share price./rob/gl/stk
Publication of the original study: September 18, 2025 / 8:00 PM / BST First distribution of the original study: September 19, 2025 / 12:15 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Hold" rating on Continental with a price target of €80. In view of the IPO of the automotive supplier division Aumovio on September 18, he sees only limited upside potential for both shares, Michael Aspinall wrote in an assessment published Tuesday./rob/gl/tav
Publication of the original study: September 16, 2025 / 6:56 a.m. / Time zone not specified in the study. First distribution of the original study: September 16, 2025 / 6:56 a.m. / Time zone not specified in the study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target €66
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained Continental's "underperform" rating with a price target of €66. The prospectus for the automotive supplier Aumovio, which is to be listed as a standalone company, supports its assessment of structural headwinds for the industry, Harry Martin wrote in an assessment released Monday. There is also a risk that Aumovio may have to pay more than the existing provisions allow for in the ongoing dispute with BMW regarding the costs of a recall./gl/tih
Publication of the original study: September 12, 2025 / 5:36 p.m. / UTC. First distribution of the original study: September 15, 2025 / 4:00 a.m. / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100. Based on a conversation with a European tire dealer, David Lesne concludes in a study published Monday that the situation in Europe remains challenging in the short term. Dealers are preemptively stocking up with imports from China due to looming EU tariffs. Summer tire inventories are high, but winter tire stocks are at a healthy level. At Continental, following the Aumovio spin-off, he assumes that the planned sale of ContiTech in 2026 is not priced into the share price./tih/gl
Publication of the original study: September 12, 2025 / 3:54 p.m. / GMT First distribution of the original study: September 12, 2025 / 3:54 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100. Analyst David Lesne commented on the recently published prospectus for the Aumovio automotive supplier division, which is about to be spun off, on Wednesday evening. This includes further financial details about the new company, including details on individual business areas./rob/ag/edh
Publication of the original study: September 10, 2025 / 5:58 PM / GMT
First distribution of the original study: September 11, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100. Analyst David Lesne addressed feedback on his recent assessments of the corporate split and the future independent automotive supplier division Aumovio on Wednesday. Investors' main concern is a potentially prolonged weakness in the tire business. There is no consensus (yet) that Conti deserves a premium over Michelin. The potential boost from the ContiTech split has so far been little discussed. However, Lesne assumes that this aspect will come into focus after the Aumovio spin-off./rob/ag/gl
Publication of the original study: September 10, 2025 / 2:16 a.m. / GMT First distribution of the original study: September 10, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target €66
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained a "Underperform" rating on Continental with a price target of €66. Harry Martin took a closer look at Aumovio's brake business in a study published Wednesday. The automotive supplier division, which is about to be spun off, is facing challenges, which also apply to the brake business, which has been a source of earnings to date. The division is suffering from increasing investment needs and is losing market share. Martin reiterated his recent downgrade of Continental due to a lack of further opportunities to unlock value./rob/gl/tih
Publication of the original study: September 9, 2025 / 5:48 PM / UTC. First distribution of the original study: September 10, 2025 / 4:00 AM / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €93
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Continental's "Overweight" rating with a price target of €93. In a meeting with CFO Roland Welzbacher at the IAA Motor Show, Welzbacher provided an update on business dynamics, Jose M. Asumendi wrote in a study released Monday. According to the report, the automotive supplier division is likely to perform weaker in the third quarter than in the second, as is typical for the season. The tire business looks mixed. There are bright spots in the rapidly recovering European commercial vehicle market./rob/gl/tih
Publication of the original study: September 8, 2025 / 1:16 PM / BST
First distribution of the original study: September 8, 2025 / 1:42 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays raises target for Continental to 100 euros - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has raised its price target for Continental from €80 to €100 and maintained its rating at "Overweight." Both the pre-spin-off automotive supplier Aumovio and the remaining Continental division offer attractive investment stories, wrote Erwann Dagorne in his analysis of the "Path to €100" published Monday. He currently considers both sectors to be significantly undervalued./ag/tih
Publication of the original study: September 7, 2025 / 4:48 PM / GMT
First distribution of the original study: September 8, 2025 / 2:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target €66
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €66. Following the downgrade earlier this week, analyst Harry Martin turned his attention Wednesday evening to the new automotive supplier Aumovio, which will soon be spun off from the existing Continental Group. Aumovio will become the world's number nine. At Conti, this division was once a crown jewel, but recently became a cash grab./ag/gl
Publication of the original study: September 3, 2025 / 7:30 p.m. / UTC. First distribution of the original study: September 4, 2025 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100. Following the impending spin-off of the automotive supplier division Aumovio, several price drivers were expected, David Lesne wrote on Wednesday afternoon. In his view, Conti deserves a valuation premium over its tire competitors./rob/ag/la
Publication of the original study: September 3, 2025 / 3:58 p.m. / GMT
First distribution of the original study: September 3, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Continental to 93 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Continental from €85 to €93 and maintained its rating at "Overweight." Jose Asumendi justified the new target for the stock with the value creation potential from the upcoming spin-off of the automotive supplier division Aumovio and the separation of other divisions. In his assessment published Thursday, he converted the valuation to the sum of the individual business units (SOTP). It also takes into account the medium-term goals of the individual divisions./rob/gl/ag
Publication of the original study: September 3, 2025 / 11:02 PM / BST First distribution of the original study: September 4, 2025 / 12:15 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein downgrades Continental to 'underperform'
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research raised its price target for Continental shares from €64 to €66, but downgraded the stock from "Market Perform" to "Underperform." Harry Martin wrote on Tuesday afternoon that the value creation from the corporate split has now been more than priced in. He considers a total value of €20 billion for both future companies to be fair – compared to the market value of the old Conti of €22.5 billion on Monday./ag/zb
Publication of the original study: September 2, 2025 / 2:05 p.m. / UTC
First distribution of the original study: September 2, 2025 / 3:35 p.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyser) - The analyst firm Jefferies has maintained its "Hold" rating for Continental with a price target of €80. The spin-off of the automotive division Aumovio on September 18 is priced into the current share price, wrote Michael Aspinall in his commentary published on Monday. Further potential depends on the margin recovery at Aumovio and in the tire business, as well as on a higher sales price for ContiTech./rob/ag/gl
Publication of the original study: August 31, 2025 / 8:59 p.m. / Time zone not specified in the study. First distribution of the original study: September 1, 2025 / 3:30 a.m. / Time zone not specified in the study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100 in light of the sale of its hose assembly division. David Lesne wrote in a study released Wednesday that management indicated at the beginning of August that the sale could take place before the end of the third quarter. He expects the financial impact on cash flow to remain limited. However, the deal will have a margin-enhancing effect at Contitech./rob/tih/he
Publication of the original study: August 27, 2025 / 5:29 PM / GMT. First distribution of the original study: August 27, 2025 / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Continental with a price target of €80. The upcoming spin-off of the automotive division is largely priced in, and the sale of assets is unlikely to make a significant contribution in the short term, wrote Michael Aspinall in a study released Monday./edh/gl
Publication of the original study: August 15, 2025 / 4:26 p.m. / ET. First distribution of the original study: August 17, 2025 / 9:00 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyser) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64. At a time when tire manufacturers are feeling competitive pressure from countries like China, Japan, and South Korea, Harry Martin also examined the tire market in India in an industry study released Wednesday. The threat to premium consumer tires is small, but more real for tires for off-road commercial vehicles (OTR)./tih/la
Publication of the original study: August 12, 2025 / 5:14 p.m. / UTC. First distribution of the original study: August 12, 2025 / 8:30 p.m. / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains Continental's 'Hold' rating - target 80 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Hold" rating for Continental following the recently released quarterly results, with a price target of €80. In the tire business, the relief from lower US tariffs and risk mitigation measures should lead to a significant improvement in earnings and margins compared to the previous quarter, wrote Christoph Laskawi in a review published on Wednesday. He factors the automotive supplier division Aumovio, whose spin-off is now scheduled for September 18, into his model at €25 per Continental share./la/tih
Publication of the original study: August 6, 2025 / Time not specified in the study / CET. First distribution of the original study: August 6, 2025 / 8:00 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Hold" rating for Continental following its quarterly results, with a price target of €80. The results of the automotive supplier and tire manufacturer were worse than the average of analyst expectations, wrote Michael Aspinall in an initial reaction released Tuesday. An expected strong margin in the automotive business is offset by lower profitability in the tire segment./rob/edh/tih
Publication of the original study: August 5, 2025 / 2:28 a.m. / Time zone not specified in the study
First distribution of the original study: August 5, 2025 / 2:28 a.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research maintained its rating for Continental at "Market-Perform" with a price target of €64 following the recently presented quarterly figures. The focus was on the implications of the spin-off of the automotive supplier division for the valuation of Continental's shares, Harry Martin wrote in a follow-up report published Wednesday. Currently, the remaining division, which focuses on the tire business, is trading at a premium to its French competitor Michelin. The automotive supplier division, which is scheduled to go public under the name Aumovio in mid-September, is currently valued at an average level compared to the European industry./rob/la/bek
Publication of the original study: August 5, 2025 / 5:04 PM / UTC
First distribution of the original study: August 6, 2025 / 4:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental following second-quarter results, with a price target of €100. Overall, the tire manufacturer and automotive supplier has executed well to very well in what was under its control, David Lesne wrote on Tuesday. The expert pointed to cost savings in the automotive sector and a strong development of the price mix in the tire business./rob/la/jha/
Publication of the original study: August 5, 2025 / 1:26 PM / GMT
First distribution of the original study: August 5, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €85
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" with a price target of €85 following its quarterly results. Adjusted operating profit (EBIT) fell well short of average market expectations, Jose M. Asumendi complained in an initial reaction released on Tuesday. This is primarily due to weaker business in the tire division./rob/edh/la
Publication of the original study: August 5, 2025 / 7:21 a.m. / BST
First distribution of the original study: August 5, 2025 / 7:21 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Continental's 'Hold' rating - target 78 euros
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Continental at "Hold" with a price target of €78 following the company's earnings release. In a study released Tuesday, Marc-Rene Tonn attested to a solid second quarter for the tire manufacturer and automotive supplier, which subsequently confirmed its targets./rob/tih/nas
Publication of the original study: August 5, 2025 / 8:15 a.m. / Time zone not specified in study
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64 following its quarterly results. Operating profit (EBIT) was weaker than expected, Harry Martin wrote in an initial reaction released Tuesday. The automotive supplier and tire manufacturer's revenue slightly missed the consensus estimate./rob/edh/tih
Publication of the original study: August 5, 2025 / 6:23 a.m. / UTC
First distribution of the original study: August 5, 2025 / 6:23 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental ahead of second-quarter results, with a price target of €100. David Lesne sees the results as a potential price boost – ahead of another in the form of the IPO of Aumovio, the future independent automotive supplier division. He wrote this in a study published on Monday./rob/mis/tih
Publication of the original study: August 3, 2025 / 6:57 PM / GMT
First distribution of the original study: August 4, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64. Harry Martin expressed optimism about the prospects of the European tire manufacturer in an industry study released Tuesday. His "Top Pick" in the sector is Michelin stock./edh/ajx
Publication of the original study: July 28, 2025 / 11:02 PM / UTC
First distribution of the original study: July 29, 2025 / 4:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Continental's 'Hold' rating - target 78 euros
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Continental at "Hold" ahead of second-quarter results, with a price target of €78. The tire manufacturer is likely to have performed solidly in a difficult environment, wrote Marc-Rene Tonn in his outlook on Thursday./rob/bek/ag
Publication of the original study: July 3, 2025 / 8:15 a.m. / Time zone not specified in study
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - Following an analyst briefing for the upcoming quarterly results, US analyst Bernstein Research maintained its rating for Continental at "Market-Perform" with a price target of €64. Sales and margins in the tire business were weaker than expected, Harry Martin wrote on Wednesday. In the ContiTech sector, analyst consensus indicates room for improvement./rob/tih/ag
Publication of the original study: July 2, 2025 / 7:14 p.m. / UTC
First distribution of the original study: July 3, 2025 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Following an analyst briefing on the upcoming quarterly results, Swiss bank UBS maintained its rating for Continental at "Buy" with a price target of €100. The comments were consistent with those made at the investor day, David Lesne wrote on Wednesday evening. In the automotive supplier division, which is about to be spun off as Aumovio, operating profit (EBIT) is expected to be at the upper end of the range. For the remaining parts of the group, namely Tires and ContiTech, this year's targets are now less risky./tih/ag
Publication of the original study: July 2, 2025 / 10:42 PM / GMT
First distribution of the original study: July 2, 2025 / 10:42 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Continental at "Hold" with a price target of €80 ahead of its quarterly results. The margin development of the two divisions in the second quarter is likely to diverge, wrote analyst Michael Aspinall in an outlook released Wednesday. In the tire sector, the stock is his preferred stock./rob/edh/
Publication of the original study: July 2, 2025 / 4:03 p.m. / Time zone not specified in the study
First distribution of the original study: July 2, 2025 / 4:03 p.m. / Time zone not specified in the study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €100. Import tariffs are likely to have had a less significant impact on the European automotive industry in the second quarter than initially feared, Patrick Hummel wrote in a sector outlook for the reporting season published on Wednesday. The volumes among suppliers were encouraging./bek/ag
Publication of the original study: July 1, 2025 / 7:20 PM / GMT
First distribution of the original study: July 1, 2025 / 7:20 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg raises target for Continental to 82 euros - 'Buy'
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg raised its price target for Continental from €75 to €82 and maintained its rating at "Buy." Analyst Romain Gourvil adjusted the fair value on Thursday following the recent capital markets day. Following the split, he sees further potential for each individual part of the company./rob/ag/gl
Publication of the original study: June 26, 2025 / 4:14 p.m. / GMT First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research lowers Continental to 'Hold' - target 78 euros
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has lowered its price target for Continental shares from €88 to €78 and downgraded the stock from "Buy" to "Hold." Given the company's outperformance compared to the European automotive sector, further potential is limited, wrote Marc-Rene Tonn in his review of the capital markets day published on Wednesday. He cut his growth and earnings forecasts following the automotive supplier's capital markets day./ag/tih
Publication of the original study: June 25, 2025 / 8:15 a.m. / CEST
First distribution of the original study: Date not specified in study / Time not specified in study / CEST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €100. The lowered targets for the tire business are already priced in, David Lesne wrote on Tuesday evening after the capital markets day. He continues to expect enormous value creation ahead of the spin-off of the automotive supply business. This is scheduled to be listed separately on the stock exchange in September under the name Aumovio./rob/ag/tih
Publication of the original study: June 24, 2025 / 6:35 p.m. / GMT
First distribution of the original study: June 25, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64. Analyst Harry Martin entered the capital markets day with the assessment that Continental shares are pricing in the best-case scenario and that the company will plan rather conservatively. And that's exactly what happened, he wrote in his commentary on Tuesday evening. He considers the price targets of optimistic analysts between €90 and €100 difficult to justify. According to Martin, there is little reason to own the shares before the split./ag/tih
Publication of the original study: June 24, 2025 / 6:00 PM / UTC
First distribution of the original study: June 25, 2025 / 4:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental at 'Hold' - target 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Continental at "Hold" with a price target of €80. The capital markets day initially provided interesting insights into the growth strategy of the future Conti after the split, Michael Aspinall wrote on Tuesday. The margin signals for the tire business in 2025 are weaker than previously./ag/edh
Publication of the original study: June 24, 2025 / 6:42 a.m. / ET
First distribution of the original study: June 24, 2025 / 6:42 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €85
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" with a price target of €85. Jose Asumendi summarized the targets communicated at the capital markets day on Tuesday./rob/ag/gl
Publication of the original study: June 24, 2025 / 11:40 a.m. / BST First distribution of the original study: June 24, 2025 / 12:10 p.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" following its capital markets day, with a price target of €64. According to his commentary from Tuesday morning, Harry Martin expects that the automotive supplier division, which is about to be spun off, will also lower its full-year targets this afternoon, following the example of the remaining group. The medium-term targets of the remaining Conti Group are also not very encouraging./rob/ag/gl
Publication of the original study: June 24, 2025 / 10:24 a.m. / UTC First distribution of the original study: June 24, 2025 / 10:24 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €85
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Continental's "Overweight" rating with a price target of €85. Following the automotive supplier and tire manufacturer's capital markets day, Jose Asumendi expects a strong second quarter. The margin in the supplier business should be toward the upper end of the company's target range, he wrote in his outlook published Wednesday. In the tire business, he anticipates a weaker figure compared to the start of the year. Management intends to offset the potential impact of US tariffs in the second half of the year through further price increases./rob/gl/ag
Publication of the original study: June 24, 2025 / 6:11 p.m. / BST First distribution of the original study: June 24, 2025 / 6:11 p.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64. Following the strong performance of the shares, the starting position ahead of next week's capital markets day is not exactly favorable, Harry Martin wrote in his outlook published on Friday. The targets are unlikely to be a positive surprise, and aggressive valuation approaches would be needed to justify the current share price./rob/ag/tih
Publication of the original study: June 19, 2025 / 4:48 PM / UTC
First distribution of the original study: June 20, 2025 / 4:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €100. Sales growth in the replacement tire business is slowing, David Lesne wrote on Thursday following Michelin's May figures. There is no recovery in sight for original equipment sales for passenger cars. He nevertheless remains optimistic about the tire manufacturer. The US tariffs are likely to improve competition for premium manufacturers in the long term and lead to price increases./ag/gl
Publication of the original study: June 19, 2025 / 6:18 a.m. / GMT First distribution of the original study: June 19, 2025 / 6:18 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "Buy" rating on Continental with a price target of €100. The investor day on June 24 could prove to be a further price driver for the automotive supplier and tire manufacturer's shares, David Lesne wrote in an assessment released Thursday. The upcoming split of the group should release significant value./rob/gl/edh
Publication of the original study: June 11, 2025 / 6:51 p.m. / GMT. First distribution of the original study: June 12, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank raises target for Continental to 80 euros - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Continental from €75 to €80, but maintained its rating at "Hold." "The divorce has been filed," Christoph Laskawi headlined a study released Thursday in light of the automotive supplier division's upcoming IPO. Two very different stock stories would emerge, he said, with the remaining business promising stability through cash returns. If ContiTech is then sold in 2026, Continental would become a pure-play tire manufacturer and could catch up with the valuation of competitors. The spun-off division, meanwhile, remains a story of restructuring./tih/ajx
Publication of the original study: June 5, 2025 / Time not specified in the study / CET
First distribution of the original study: June 5, 2025 / 7:50 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 64 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €64. In his industry assessment published Wednesday, analyst Harry Martin addressed growing competitive pressure for European tire manufacturers from Japan and South Korea. These companies have large marketing budgets. He sees a particular threat in manufacturers Kumho and Nexen. He believes Asian companies could be an attractive takeover target for Continental once the automotive supply business is spun off. As a pure tire manufacturer, an acquisition could be a way to grow there./tih/ag
Publication of the original study: June 3, 2025 / 2:28 p.m. / UTC
First distribution of the original study: June 4, 2025 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies downgrades Continental to 'Hold' - target down to 80 euros
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has downgraded Continental from "Buy" to "Hold" due to valuation reasons and lowered its price target from €87 to €80. The European tire manufacturer's shares proved robust in the first quarter despite volatility caused by the business environment and US tariff policy, wrote Michael Aspinall in an industry commentary released Thursday. He justified the downgrade of Continental and the upgrade of Michelin with the different share price developments since the beginning of the year and the valuations compared to the industry.
Publication of the original study: May 22, 2025 / 3:32 p.m. / ET. First distribution of the original study: May 22, 2025 / 3:32 p.m. / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €100. In light of the US tariffs, premium tire manufacturers would have to raise prices worldwide to maintain profitability, David Lesne wrote in a study released Friday. The expert sees significant upside potential for Conti's valuation due to the planned split of the group./niw/edh
Publication of the original study: May 16, 2025 / 02:11 / GMT
First distribution of the original study: May 16, 2025 / 02:11 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental following its first-quarter results, with a price target of €100. Management expressed confidence in Continental's future financial performance during a conference call, David Lesne wrote in a study released Wednesday. US import tariffs and an economic slowdown are the biggest risk factors for the automotive supplier and tire manufacturer. However, they should not let the spin-off of the Aumovio division fail./rob/bek/gl
Publication of the original study: May 6, 2025 / 12:27 PM / GMT
First distribution of the original study: May 6, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €85
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" following the company's earnings release, with a price target of €85. Analyst Jose Asumendi cited a strong quarter for the automotive supplier despite weak end markets in a report released Tuesday./ck/jha/
Publication of the original report: May 6, 2025 / 7:19 a.m. / BST
First distribution of the original report: May 6, 2025 / 7:53 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 59 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €59. Despite some accounting changes due to the first-time recognition of the automotive supplier division as a discontinued operation, Harry Martin wrote on Tuesday after the results were released, the first quarter comfortably exceeded expectations. The fundamental objectives remain unchanged./ag/gl
Publication of the original study: May 6, 2025 / 6:17 a.m. / UTC First distribution of the original study: May 6, 2025 / 6:17 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental's 'Buy' rating - target €87
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Continental at "Buy" with a price target of €87. Things are going according to plan at Continental, Michael Aspinall wrote on Tuesday after the quarterly results. The attempt to improve margins in the automotive supply business is successful./rob/ag/gl
Publication of the original study: May 6, 2025 / 2:16 a.m. / ET First distribution of the original study: May 6, 2025 / 2:16 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target 100 euros
ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained its rating for Continental at "Buy" with a price target of €100. For the first time in a long time, Continental has exceeded expectations due to its automotive supply business, David Lesne wrote on Tuesday after the quarterly results. The development is encouraging./rob/ag/gl
Publication of the original study: May 6, 2025 / 6:10 a.m. / GMT First distribution of the original study: May 6, 2025 / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS raises target for Continental to 100 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS raised its price target for Continental from 78 to 100 euros and maintained its "Buy" rating. Analyst David Lesne praised the unique situation created by the company's split on Thursday, which is expected to release immense value. Currently, the shares have a price-to-earnings ratio of only 3.5 for the period following the split – compared to a valuation of the tire competition at around 10./ag/mis
Publication of the original study: May 1, 2025 / 2:01 p.m. / GMT
First distribution of the original study: May 2, 2025 / Time not specified in study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 59 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €59. The tire manufacturer is likely to have experienced a difficult first quarter, with weak sales expected to continue for another quarter, analyst Harry Martin wrote in his reassessment of the industry published Wednesday. After sector values fell due to the tariff shock, investors willing to "endure short-term pain" are offered an attractive entry opportunity./edh/ag
Publication of the original study: April 22, 2025 / 5:22 PM / UTC
First distribution of the original study: April 23, 2025 / 4:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers target for Continental to 80 euros - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays lowered its price target for Continental from €85 to €80, but maintained its "Overweight" rating. Even in the adverse environment, Europe's automotive suppliers showed stable results and cash resources, wrote analyst Erwann Dagorne in an industry commentary published Wednesday. In addition, the low valuation argues for access to the best individual stocks./ag/edh
Publication of the original study: April 22, 2025 / 4:55 PM / GMT
First distribution of the original study: April 23, 2025 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 78
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €78. In a study on European tire manufacturers published Thursday, David Lesne cited Michelin's published market data for March. These showed a slight increase in global demand for spare parts for passenger cars compared to the previous year.
Publication of the original study: April 16, 2025 / 6:39 PM / GMT. First distribution of the original study: April 16, 2025 / 6:39 PM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS lowers target for Continental to 78 euros - 'Buy'
ZURICH (dpa-AFX Analyst) - Swiss bank UBS lowered its price target for Continental from €80 to €78, but maintained its "Buy" rating. Analyst Patrick Hummel cut his earnings estimates for European automakers by 20 to 30 percent on Monday. He now expects a decline in global auto production this year instead of the previously forecast slight growth. However, the range for actual performance is wide – this applies even more so for 2026. Hummel is focusing on defense with tire manufacturers Michelin, Continental, and Pirelli – as well as quality with strong balance sheets and strong local activities such as BMW and Autoliv./ag/bek
Publication of the original study: April 14, 2025 / 05:54 / GMT
First distribution of the original study: April 14, 2025 / 05:54 / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80. The automotive supplier's plans to divest its ContiTech division would unlock further value potential, wrote analyst David Lesne in a study published Tuesday./ajx/he
Publication of the original study: April 8, 2025 / 1:01 p.m. / GMT First distribution of the original study: April 8, 2025 / 1:01 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a view to a spin-off from Contitech, with a price target of €80. Analyst David Lesne estimated the segment's value at approximately €4 billion to €4.5 billion. As a pure-play tire manufacturer, the remaining company would become even more attractive in terms of expected dividends, according to a study released Wednesday. The estimated net debt in relation to operating profit justifies a good credit rating./bek/la
Publication of the original study: April 8, 2025 / 1:01 PM / GMT
First distribution of the original study: April 8, 2025 / 1:01 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 59 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" and set a price target of €59. While the new US tariffs do not add to the tariffs on car imports announced last week, analyst Daniel Roeska wrote early Thursday. However, the levies on auto parts are overall higher than feared. The European auto sector has recently reacted quite cautiously, as if the worst had passed it by. Now, however, this wishful thinking is being erased./ag/mis
Publication of the original study: April 2, 2025 / 10:22 PM / UTC
First distribution of the original study: April 2, 2025 / 10:22 PM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental's 'Overweight' rating - target €85
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" with a price target of €85 ahead of first-quarter results. The automotive division is likely to have benefited from cost savings and price negotiations, analyst Jose Asumendi wrote in an outlook released Tuesday. However, this is likely to be partially offset by weaker sales./bek/jha/
Publication of the original study: April 1, 2025 / 5:41 PM / BST
First distribution of the original study: April 1, 2025 / 5:41 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Continental's 'Buy' rating - target 75 euros
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained a "Buy" rating on shares of automotive supplier and tire manufacturer Continental with a price target of €75. Structural overcapacities are a challenge for European automakers, analyst Romain Gourvil wrote in an industry commentary published Wednesday. He pointed to the lackluster outlook for production growth, the upheaval caused by the transformation process toward electric vehicles, and increasing competitive pressure from China. Extensive restructuring measures are therefore expected by manufacturers in 2025 and 2026 – Volkswagen has already announced these, and they are already in full swing at suppliers./gl/tav
Publication of the original study: April 1, 2025 / 3:51 p.m. / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80. The tenor was positive despite all adversities, analyst David Lesne wrote on Monday evening after the company's final signals before its upcoming quarterly report. For the automotive supply business, the new Conti, the company confirmed its target of operating breakeven in the first quarter./ag/gl
Publication of the original study: April 1, 2025 / 6:26 p.m. / GMT First distribution of the original study: April 1, 2025 / 6:26 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80. In an analysis published Thursday, David Lesne explained why he believes a discount for the future "new Conti" compared to other automotive suppliers is unjustified./ag/edh
Publication of the original study: March 20, 2025 / 7:07 a.m. / GMT
First distribution of the original study: March 20, 2025 / 7:07 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80. Analyst David Lesne adjusted his estimates for the European automotive supplier in his review of the reporting season published on Wednesday. The industry is on a roller coaster ride, and things could get worse before a potential bottom is reached. The tariff issue, in particular, could once again place a massive strain on market earnings expectations. However, Conti is the favorite and, thanks to the spin-off of its automotive supply business from the overall group, enjoys a special value-creating position./ag/men
Publication of the original study: March 19, 2025 / 4:11 a.m. / GMT
First distribution of the original study: March 19, 2025 / 4:11 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. Analyst David Lesne, in an initial assessment released Wednesday, positively assessed the supervisory board's approval of the spin-off of the automotive supply division. An IPO would improve their balance sheet, and the cash reserves should appease even the more pessimistic investors./bek/la
Publication of the original study: March 12, 2025 / 4:20 p.m. / GMT
First distribution of the original study: March 12, 2025 / 4:20 p.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Continental AG at 'Buy' - target 75 euros
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Continental with a price target of €75. Analyst Romain Gourvil wrote in his review of the company's 2024 financial results published Thursday that sales at the group level were weaker than expected. Margins in the automotive segment improved continuously last year. In the tire segment, this applies to the spare parts business./bek/ag
Publication of the original study: March 5, 2025 / 8:17 PM / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank raises target for Continental AG to 75 euros - 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Continental from €70 to €75, but maintained its "Hold" rating. The tire manufacturer and automotive supplier's quarterly figures and outlook largely missed market expectations, wrote analyst Christoph Laskawi in his commentary published Wednesday. The higher price target results from the shift in the valuation horizon from 2024 to 2025./edh/ag
Publication of the original study: March 5, 2025 / Time not specified in the study / CET
First distribution of the original study: March 5, 2025 / 7:58 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental AG at 'Buy' - target €87
NEW YORK (dpa-AFX Analyser) - The analysis house Jefferies has left the rating for Continental at "Buy" with a price target of 87 euros after the quarterly figures. The tire manufacturer and automotive supplier's key figures showed some bright spots, but the outlook for 2025 is bleaker than expected, wrote analyst Michael Aspinall in an initial response released Tuesday./edh/bek
Publication of the original study: March 4, 2025 / 2:57 a.m. / ET
First distribution of the original study: March 4, 2025 / 2:57 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein lowers target for Continental AG to 59 euros -
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research lowered its price target for Continental from €60 to €59 and maintained its rating at "Market-Perform." Analyst Harry Martin wrote Tuesday evening following the figures, "It was a bad day to come with negative news, too," given the simultaneous tariff concerns on the market. The first half of the year is likely to be difficult, but the valuation is now fair after the price slide./mf/ag
Publication of the original study: March 4, 2025 / 5:55 p.m. / UTC
First distribution of the original study: March 5, 2025 / 5:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS maintained its rating for Continental at "Buy" after a conference call with a price target of €80. This gave grounds for confidence, wrote analyst David Lesne on Tuesday evening. Management repeatedly stated that the spin-off of the automotive business and its IPO in the second half of the year were on track. The cautious outlook for 2025 could save the tire manufacturer from future profit warnings./bek/ag
Publication of the original study: March 4, 2025 / 7:42 PM / GMT
First distribution of the original study: March 4, 2025 / 7:42 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan lowers target for Continental AG to 85 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - Following the release of the company's annual results, US bank JPMorgan lowered its price target for Continental from €100 to €85, leaving the rating unchanged at "Overweight." Analyst Jose Asumendi cut his earnings estimates for the current year and thus his price target in a study published Tuesday. He nevertheless remains optimistic, as the DAX-listed company remains firmly committed to separating its automotive division from its rubber division. He is therefore awaiting the Capital Markets Day in June, which is expected to provide further details on the spin-off of the automotive division./ck/ngu
Publication of the original study: March 4, 2025 / 2:46 PM / GMT
First distribution of the original study: March 4, 2025 / 3:29 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Continental AG at 'Buy' - target 88 euros
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Continental at "Buy" after the company's earnings release, with a price target of €88. The automotive supplier's fourth quarter slightly exceeded expectations, wrote analyst Marc-Rene Tonn in a report published Tuesday. The outlook for the current year is characterized by a certain degree of caution. /mf/bek
Publication of the original study: March 4, 2025 / 8:15 a.m. / CET
First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 60 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" following its fourth-quarter results, with a price target of €60. The automotive supplier exceeded consensus estimates "technically," but underperformed operating estimates, wrote analyst Harry Martin in his initial assessment on Tuesday. The forecast for operating profit (EBIT) this year is five percent below average market expectations./bek/ag
Publication of the original study: March 4, 2025 / 7:37 a.m. / UTC
First distribution of the original study: March 4, 2025 / 7:37 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80 following the fourth-quarter 2024 figures. Some investors may be disappointed by the wide forecast range for operating profit (EBIT), analyst David Lesne wrote on Tuesday. However, the automotive supplier's restraint at the beginning of the new year was the right approach./bek/ag
Publication of the original study: March 4, 2025 / 7:34 a.m. / GMT
First distribution of the original study: March 4, 2025 / 7:34 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental AG at 'Overweight' - target 100 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" after its annual results, with a price target of €100. The automotive supplier and tire manufacturer delivered overall solid figures that largely met consensus estimates, analyst Jose Asumendi wrote in his initial reaction on Tuesday. The outlook for 2025 was also in line with market expectations./edh/ag
Publication of the original study: March 4, 2025 / 7:06 a.m. / GMT
First distribution of the original study: March 4, 2025 / 7:10 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 60 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained Continental's rating of "Market-Perform" with a price target of €60. The fourth quarter has been a weak production quarter for global automotive suppliers so far, but this was known in advance, wrote analyst Harry Martin in a study on European suppliers published on Monday. The main driver, therefore, was the outlook for 2025. Now that 13 of the suppliers monitored by Bernstein have presented their figures, it is halfway through, and he is examining what this means for the remaining 12 suppliers. Regarding tire manufacturers, he wrote that the reports have been consistently positive so far. Martin therefore also expects Conti to report a positive fourth quarter on March 4. However, the price drivers from capital distributions are missing./ck/gl
Publication of the original study: February 21, 2025 / 7:39 p.m. / UTC. First distribution of the original study: February 24, 2025 / 5:00 a.m. / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental AG at 'Market-Perform'
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" ahead of its annual results, with a price target of €60. Until the US tariff drama began, analyst Harry Martin wrote in a study released Friday that he had assumed that the tire manufacturer would perform well in 2025. Now, the looming US tariffs are likely to dominate discussions and sentiment in the coming weeks./edh/nas
Publication of the original study: February 6, 2025 / 6:16 a.m. / UTC
First distribution of the original study: February 7, 2025 / 5:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research raises target for Continental to 88 euros - 'Buy'
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has raised its price target for Continental from €80 to €88 and maintained its rating at "Buy." The difficult market is weighing on the automotive supplier business, wrote analyst Marc-Rene Tonn in his commentary on the latest company signals before the company's financial statements were presented on Wednesday. However, the spin-off plans remained on track./ag/tih
Publication of the original study: January 29, 2025 / 8:15 a.m. / CET
First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. The key question for investors is whether the rather unattractive automotive supplier business can succeed independently as the "new Conti," wrote analyst David Lesne in his commentary published Thursday. He praises the company's best balance sheet and the highest valuation discount compared to its component competitors./ag/nas
Publication of the original study: January 29, 2025 / 6:14 p.m. / GMT
First distribution of the original study: January 30, 2025 / Time not specified in the study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental's 'Buy' rating - target €87
NEW YORK (dpa-AFX Analyst) - Research firm Jefferies has maintained its "Buy" rating for Continental with a price target of €87. The automotive supplier likely achieved strong margins in Auto and ContiTech in the fourth quarter, wrote analyst Michael Aspinall in his response to the company's pre-close call on Wednesday. Following these final signals before the balance sheet at the beginning of March, Aspinall also expects positive free cash flow from the automotive sector./ag/zb
Publication of the original study: January 28, 2025 / 7:01 PM / ET
First distribution of the original study: January 28, 2025 / 7:01 PM / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental at 'Market-Perform' - Target 60 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €60. Analyst Harry Martin wrote Tuesday evening after the company's final signals before the presentation of its financial statements that 2024 was completed in line with its targets. However, the outlook for 2025 raises more questions./ag/edh
Publication of the original study: January 28, 2025 / 6:35 p.m. / UTC
First distribution of the original study: January 28, 2025 / 6:35 p.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental at 'Overweight' - target 100 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained Continental's "Overweight" rating with a price target of €100. The automotive supplier's statements for the past quarter and the encouraging initial indications for 2025 have not changed its estimates, analyst Jose Asumendi wrote in an initial reaction on Tuesday.
Publication of the original study: January 28, 2025 / 5:34 PM / GMT. First distribution of the original study: January 28, 2025 / 5:52 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental AG at 'Market-Perform'
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "Market-Perform" with a price target of €60. While Chinese tire manufacturers are gaining market share, this is not the case in the higher-priced automobile segment, analyst Harry Martin wrote in a study published Thursday. Tests by, for example, the German ADAC (German Automobile Club) have demonstrated the technological backwardness of Chinese tire producers. Concerns that these could pose serious competition to the established industry giants are probably exaggerated./bek/la
Publication of the original study: January 15, 2025 / 10:39 a.m. / UTC
First distribution of the original study: January 16, 2025 / 5:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. The automotive supplier and tire manufacturer remains one of its preferred buy positions, analyst David Lesne wrote in a study released Wednesday. The valuation discount to other tire manufacturers is significant. Continental's tire division, on the other hand, deserves a valuation premium compared to Michelin./mf/men
Publication of the original study: January 15, 2025 / 3:14 a.m. / GMT
First distribution of the original study: January 15, 2025 / 3:14 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80 in an industry outlook for the fourth-quarter reporting season. The end of the year may have turned out somewhat better than feared, wrote analyst Patrick Hummel in a study published Monday. Some industry figures could be a positive surprise thanks to a strong demand trend. The outlook in the supplier sector is improving, but it is not yet time to become more confident. Continental as a "Top Pick" is a special situation./tih/bek
Publication of the original study: January 12, 2025 / 8:49 PM / GMT
First distribution of the original study: January 12, 2025 / 8:49 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein upgrades Continental AG to 'Market-Perform'
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has upgraded Continental from "Underperform" to "Market-Perform" and raised its price target from €55 to €60. 2025 will be another difficult year for the automotive industry, wrote analyst Harry Martin in his outlook published Thursday. Tire manufacturers, however, could surprise positively. While Continental's problems in the automotive supply business remain, the company is the biggest beneficiary of positive replacement tire trends in the tire sector. He continues to rate Michelin and Bridgestone as "Outperform."/ag/gl
Publication of the original study: December 4, 2024 / 7:32 PM / UTC. First distribution of the original study: December 5, 2024 / 5:00 AM / UTC.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein leaves Continental at 'underperform' - target 55 euros
NEW YORK (dpa-AFX Analyst) - Following an industry conference hosted by the US analyst firm, Bernstein Research maintained Continental's "underperform" rating with a price target of €55. Neither BMW nor Renault were willing to comment on the 2025 outlook, while Aston Martin expressed confidence in returning to cash flow, analyst Harry Martin wrote in a report released Friday. Mercedes-Benz expects an overall positive product mix, while Volkswagen remains concerned about overcapacity and an even weaker European market. Of the suppliers, Continental expressed positive views on the coming year, while Valeo did not comment on its outlook due to market uncertainty./gl/tih
Publication of the original study: November 28, 2024 / 8:48 p.m. / UTC
First distribution of the original study: November 29, 2024 / 5:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. The trends from the third quarter continued, analyst Harry Martin wrote on Wednesday after analyzing the October tire market data. The manufacturers' passenger car replacement tire business in Europe is performing particularly well./ag/gl
Publication of the original study: November 27, 2024 / 10:25 / UTC First distribution of the original study: November 27, 2024 / 10:25 / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental at 'Overweight' - target 100 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" with a price target of €100. 2025 will be characterized by low global production growth, trade tensions, slow electrification, and market share gains by Chinese manufacturers, wrote analyst Jose Asumendi in his annual outlook for the auto industry published on Wednesday. Investors are likely to continue to focus on strong cash inflows that will allow for dividends and share buybacks. They are primarily found among car and truck manufacturers and tire companies./ag/tih
Publication of the original study: November 26, 2024 / 11:02 PM / GMT
First distribution of the original study: November 27, 2024 / 12:15 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" with a price target of €80. According to an industry analysis by expert David Lesne on Thursday evening, Continental is now the tire favorite in Europe. He remains generally optimistic about the sector, even after the Trump election and the tariff issue. Following the spin-off of the automotive division, Conti has the highest dividend potential, and the dividend yield could approach 10 percent./ag/zb
Publication of the original study: November 21, 2024 / 4:08 p.m. / GMT
First distribution of the original study: November 22, 2024 / Time not specified in study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. The development of the share price in the coming months will depend on how likely investors believe the planned spin-off of the automotive division will take place before the end of 2025, analyst David Lesne wrote in a study released Friday. Currently, the paper from the automotive supplier and tire manufacturer appears to reflect only a low probability./edh/tih
Publication of the original study: November 14, 2024 / 7:48 PM / GMT
First distribution of the original study: November 14, 2024 / 7:48 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays lowers target for Continental to 85 euros - 'Overweight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays has lowered its price target for Continental from €90 to €85, but maintained its rating at "Overweight." Many had previously doubted this, but Conti has not only followed up on its optimistic signals but also continues to sound confident, wrote analyst Erwann Dagorne in his commentary on the quarterly report released Thursday. In his view, the worst is over in the automotive supplier sector, and with such a low valuation, it is becoming increasingly difficult to ignore the potential for a spin-off./ag/gl
Publication of the original study: November 13, 2024 / 10:58 PM / GMT. First distribution of the original study: November 14, 2024 / 4:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Following an investor conference, the major Swiss bank UBS maintained its rating for Continental at "Buy" with a price target of €80. The key point was the separation of the Automotive segment, which is well underway, wrote analyst David Lesne in a study published Wednesday./bek/he
Publication of the original study: November 13, 2024 / 5:48 PM / GMT First distribution of the original study: November 13, 2024 / 5:48 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. Analyst Harry Martin wrote in a report released Wednesday that, amid numerous profit warnings from the automotive industry, the supplier stood out by significantly exceeding expectations in the third quarter and not making any drastic changes to its forecasts. This cleared one hurdle, but many more remain. The shares are valued at challenging levels./tih/stk
Publication of the original study: November 12, 2024 / 7:04 PM / UTC
First distribution of the original study: November 13, 2024 / 5:00 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Continental's 'Buy' rating - target €80
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Continental at "Buy" with a price target of €80 following the recently published quarterly figures. The automotive supplier and tire manufacturer performed solidly, wrote analyst Marc-Rene Tonn in a study released Tuesday. This is an important milestone for the planned spin-off of the automotive division in the second half of 2025./la/tih
Publication of the original study: November 12, 2024 / 8:15 a.m. / CET
First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains Continental AG on 'Hold' - target 70 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Continental at "Hold" following its quarterly results, with a price target of €70. Both divisions of the automotive supplier and tire manufacturer exceeded expectations, wrote analyst Christoph Laskawi in a study published Tuesday./edh/mis
Publication of the original study: November 12, 2024 / Time not specified in study / CET
First distribution of the original study: November 12, 2024 / 7:59 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies raises target for Continental AG to 87 euros - 'Buy'
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has raised its price target for Continental from €82 to €87 and maintained its rating at "Buy." The tire manufacturer and automotive supplier's third-quarter figures demonstrate a continued recovery in margins in the automotive business, according to a study released Monday by the US investment firm./bek/he
Publication of the original study: November 11, 2024 / 2:16 p.m. / ET First distribution of the original study: November 11, 2024 / 2:16 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental AG at 'Buy' - target €82
NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Continental at "Buy" following its quarterly results, with a price target of €82. The results underscored the strength of the tire business and the steady improvement of the automotive division, analyst Michael Aspinall wrote in his initial reaction on Monday./edh/ag
Publication of the original study: November 11, 2024 / 2:37 a.m. / ET
First distribution of the original study: November 11, 2024 / 2:37 a.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. Analyst Harry Martin attested to a strong third quarter for the Hanover-based company on Monday. Operating results exceeded expectations, even taking into account the Vitesco special charge. The strength comes from the tire business, according to Martin./ag/mis
Publication of the original study: November 11, 2024 / 7:23 a.m. / UTC
First distribution of the original study: November 11, 2024 / 7:23 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. The third quarter exceeded expectations, analyst David Lesne wrote on Monday morning after the company's results. He noted industry-leading performance in the automotive supply and tire sectors. The consensus is likely to increase by a low to mid-single-digit percentage./ag/mis
Publication of the original study: November 11, 2024 / 7:10 a.m. / GMT
First distribution of the original study: November 11, 2024 / 7:10 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank Research maintains Continental AG at 'Hold'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Hold" rating on Continental with a price target of €70. In light of the automotive supplier and tire manufacturer's recent statements, he is confident about the quarterly results due on November 10, despite the recent profit warnings in the industry, analyst Tim Rokossa wrote in his outlook published Wednesday. These should confirm the known trends in a difficult market environment. Rokossa also expects the company to further reduce its forecasts for its supplier business and for ContiTech./gl/ag
Publication of the original study: October 9, 2024 / 8:20 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Continental AG at 'Buy' - target 80 euros
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Continental at "Buy" with a price target of €80. Analyst Marc-Rene Tonn wrote in his outlook for the quarterly report published on Wednesday that Continental has likely improved its automotive margins in the adverse environment./ag/gl
Publication of the original study: October 9, 2024 / 8:15 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / CEST.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. The automotive supplier and tire manufacturer signaled that its annual targets are still achievable with a strong fourth quarter, analyst Harry Martin wrote in his commentary on Wednesday for a final analyst briefing before the quarterly report. Therefore, there is no threat of a profit warning, which could be enough to trigger a share price jump./ag/gl
Publication of the original study: October 8, 2024 / 5:54 PM / UTC First distribution of the original study: October 8, 2024 / 5:54 PM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental AG at 'Buy' - target €82
NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its rating for Continental at "Buy" with a price target of €82. Analyst Michael Aspinall wrote in a report released Tuesday that he had made some minor changes to his estimates for the tire manufacturer and automotive supplier ahead of the third-quarter reporting season. The most important change is that he included the payment of €125 million from the former subsidiary Vitesco./ck/he
Publication of the original study: October 8, 2024 / 3:10 p.m. / ET First distribution of the original study: October 8, 2024 / 3:10 p.m. / ET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. In an industry study released Tuesday, analyst Harry Martin examined how established tire manufacturers have defended their strong market position over a long period of time, despite not always having the lowest costs. However, he expects Continental's difficulties in the automotive segment to continue. Long-term targets will likely have to be revised downward. His top investment remains Michelin, the long-standing innovation leader in the industry./edh/tih
Publication of the original study: October 7, 2024 / 4:13 p.m. / UTC
First distribution of the original study: October 8, 2024 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained a "buy" rating on Continental with a price target of €80. In the short term, analyst David Lesne sees scope for moderately higher consensus estimates for 2024 among European tire manufacturers, as he wrote in an industry outlook published on Tuesday. He expects further margin increases in the coming year. At Continental, the planned spin-off of its automotive supply business would significantly change the investment context./gl/ag
Publication of the original study: October 7, 2024 / 4:25 PM / GMT. First distribution of the original study: October 7, 2024 / 4:25 PM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Continental with a price target of €80. In an analysis published Monday, Patrick Hummel expects the outlook for the automotive industry to continue to deteriorate. Therefore, further profit warnings are likely in the sector. He reduced his earnings per share estimates for 2025 by an average of 15 to 20 percent. However, it generally appears that a lot has already been priced in. Continental is a special case with attractive prospects for 2025, which, however, are subject to considerable uncertainty./tih/ag
Publication of the original study: October 6, 2024 / 7:29 PM / GMT
First distribution of the original study: October 6, 2024 / 7:29 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Berenberg maintains Continental AG at 'Buy' - target 75 euros
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Buy" rating for Continental with a price target of €75. The automotive supplier's CFO confirmed its margin targets for 2024, analyst Romain Gourvil wrote in a study released Wednesday following a discussion at an investor conference. The company is optimistic about a spin-off of the Automotive division./mf/ajx
Publication of the original study: September 24, 2024 / 1:47 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Continental at "Buy" after evaluating August market data, with a price target of €80. Europe is currently driving growth for replacement tires among tire manufacturers, as demand for these has declined in North America and China, wrote analyst David Lesne in his commentary published on Monday. In the short term, the industry's focus is on operating profit development, and in the longer term, it could become a beneficiary of the shift to electromobility. Pirelli is his preferred sector stock. At Continental, he emphasized that the proposed spin-off of the automotive supply business would be a turning point for the stock's story./tih/ag
Publication of the original study: September 20, 2024 / 6:08 a.m. / GMT
First distribution of the original study: September 20, 2024 / 6:08 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein maintains Continental's 'underperform' rating - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained its rating for Continental at "underperform" with a price target of €55. Analyst Harry Martin wrote in an industry study released Tuesday that, on the one hand, tire manufacturers are seeing a trend toward premium products. On the other hand, there is increasing competition from East Asian suppliers. Continental's difficulties in the automotive supplier segment are likely to continue./mf/tih
Publication of the original study: September 16, 2024 / 4:00 a.m. / UTC
First distribution of the original study: September 17, 2024 / 4:35 p.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Continental at 'Overweight' - target 100 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Continental at "Overweight" with a price target of €100. Analyst Jose Asumendi outlined his expectations for the third quarter in his outlook published on Tuesday. He expects sales of €9.9 billion and an adjusted operating profit margin (EBIT) of 6.8 percent. The expert assumes that sales in the automotive business will be impacted by lower production volumes and negative currency effects. The earnings situation is likely to be dampened in the short term by brake recalls, which could affect other automakers in addition to BMW./tih/ag
Publication of the original study: September 16, 2024 / 7:24 p.m. / BST
First distribution of the original study: September 17, 2024 / 12:15 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein leaves Continental AG at 'underperform' - target 55 euros
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has maintained a price target of €55 on Continental at "underperform." BMW's profit warning regarding faulty Continental brakes weighed on its shares and is a further setback for Continental's most important component product in the supplier business, analyst Harry Martin wrote in his commentary published Wednesday. This division, in particular, must generate stable cash inflows for the planned spin-off to work. However, since 2020, it has burned through more than €2 billion in cash and could see further outflows in 2025./gl/ag
Publication of the original study: September 10, 2024 / 4:04 p.m. / UTC First distribution of the original study: September 11, 2024 / 4:00 a.m. / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyser) - The Swiss major bank UBS has maintained its rating for Continental at "Buy" with a price target of 80 euros following a profit warning from BMW. Given the significant losses in Continental's share price, the price likely reflects the fact that the automotive supplier will have to fully cover the damages incurred by BMW in connection with braking systems, wrote analyst David Lesne in a study released Tuesday./bek/mis
Publication of the original study: September 10, 2024 / 2:56 PM / GMT
First distribution of the original study: September 10, 2024 / 2:56 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Bernstein raises target for Continental to 55 euros - 'Underperform'
NEW YORK (dpa-AFX Analyst) - US analyst firm Bernstein Research has raised its price target for Continental from €54 to €55 and maintained its rating at "underperform." Analyst Harry Martin reassessed the combined value of the automotive supplier group's assets in a study released Tuesday. New developments are likely to emerge in this regard in 2025, assuming a split occurs then. He emphasized his difficulty in identifying the significant upside that the bulls were expecting./tih/ngu
Publication of the original study: September 3, 2024 / 1:54 AM / UTC
First distribution of the original study: September 3, 2024 / 4:01 AM / UTC
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental's 'Buy' rating - target EUR 80
ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained a "Buy" rating on Continental with a price target of €80. Earnings momentum in the automotive sector is likely to remain negative in the coming quarters, except for tire manufacturers, wrote analyst Patrick Hummel in an industry report published Wednesday. Despite the share price declines, it is still too early for a more positive outlook. His preferred manufacturer, Mercedes-Benz, is favored by the combination of value and high cash distributions. Looking at earnings trends, Porsche AG and Stellantis have the best prospects for 2025, while the outlook for Volkswagen is the bleakest. Stellantis is one of his favorites, also due to the sharp share price decline. Among tire manufacturers, Hummel prefers Pirelli./gl/tih
Publication of the original study: August 28, 2024 / 7:15 a.m. / GMT First distribution of the original study: August 28, 2024 / 7:15 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Continental AG at 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss major bank UBS has maintained a "Buy" rating on Continental with a price target of €80. Earnings momentum in the automotive sector is likely to remain negative in the coming quarters, except for tire manufacturers, wrote analyst Patrick Hummel in an industry report published Wednesday. Despite the share price declines, it is still too early for a more positive outlook. His preferred manufacturer, Mercedes-Benz, is favored by the combination of value and high cash distributions. Looking at earnings trends, Porsche AG and Stellantis have the best prospects for 2025, while the outlook for Volkswagen is the bleakest. Stellantis is one of his favorites, also due to the sharp share price decline. Among tire manufacturers, Hummel prefers Pirelli./gl/lew
Publication of the original study: August 28, 2024 / 7:15 a.m. / GMT First distribution of the original study: August 28, 2024 / 7:15 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Jefferies maintains Continental's 'Buy' rating - target €72
NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained its rating for Continental at "Buy" with a price target of €72. Analyst Michael Aspinall regularly reviewed the latest tire market analyses in a study released Tuesday. There were no reports on manufacturers' sales volumes due to the holiday season, but raw material prices continued to rise in July. The headwinds from currency developments have subsided.
Publication of the original study: August 27, 2024 / 6:31 a.m. / ET. First distribution of the original study: August 27, 2024 / 10:00 a.m. / ET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS upgrades Continental AG to 'Buy' - target 80 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has upgraded Continental from "Neutral" to "Buy" and raised its price target from €67 to €80. In his buy recommendation issued Monday evening, analyst David Lesne believes that the announced spin-off of the automotive supply business will simultaneously reveal the full potential of the tire division. He argues that it represents a significant step forward for Continental's investment story. The remaining tire business offers immense dividend potential – not clouded by high investments with unclear returns, as in the automotive supplier sector./ag/zb
Publication of the original study: August 26, 2024 / 11:28 PM / GMT
First distribution of the original study: August 27, 2024 / Time not specified in study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.