Continental, an automotive supplier and tire manufacturer, has been given a "Buy" rating by UBS. The target price for Continental is set at 80 euros.
According to analyst David Lesne, Continental is a preferred investment position due to its significant valuation discount compared to other tire manufacturers. Lesne also believes that Continental's tire division deserves a valuation premium over Michelin, indicating potential growth in this segment.
The analysis, which expresses UBS's confidence in Continental's market position and future performance, was published on January 15, 2025.