UBS AG has reiterated its "Buy" rating for Continental shares, with a target price of 80 euros. Analyst David Lesne stated that Continental is a preferred investment, as it is undervalued compared to other tire manufacturers. He also emphasized that Continental's tire division deserves a higher valuation than Michelin.
Continental shares rose by 2.7 percent to EUR 66.28 during the XETRA session, indicating a growth potential of 20.70 percent towards the target price. Trading activity showed 98,004 shares exchanged hands, with the stock price increasing by 2.3 percent since the start of 2025.
Q4 2024 earnings and sales figures are expected to be released on March 6, 2025.