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UBS has maintained a "Buy" rating for Continental shares, setting a target price of 80 euros, citing a significant valuation discount compared to other tire manufacturers. As of midday, Continental's stock rose 2.7% to EUR 66.28, indicating a potential upside of 20.70%. The company is expected to release its Q4 2024 results on March 6, 2025.
UBS has maintained its 'Buy' rating for Continental AG, setting a target price of 80 euros. Analyst David Lesne highlighted that the automotive supplier and tire manufacturer is undervalued compared to peers, particularly emphasizing the tire division's potential for a valuation premium over Michelin. As of January 15, 2025, Continental's stock was trading at approximately 66.16 euros, reflecting a 2.54% increase for the day.
UBS AG has maintained a "Buy" rating for Continental shares, setting a target price of 80 euros, indicating a potential growth of 20.7% from the current price of EUR 66.28. Analyst David Lesne highlights a significant valuation discount compared to other tire manufacturers, suggesting that Continental's tire division merits a premium over Michelin. The stock has risen 2.3% since the start of 2025, with trading volume reaching 98,004 shares.
Continental AG
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12:19 15.01.2025
10:35 15.01.2025
10:28 15.01.2025
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