Analysts Offer Insights on Consumer Cyclical Companies: Continental Aktiengesellschaft (OtherCTTAF) and Hermes International (OtherHESAF)

TipRanks
Jul. 4, 2024, 08:20 AM

Analysts fell to the sidelines weighing in on Continental Aktiengesellschaft (CTTAFResearch Report) and Hermes International (HESAFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Continental Aktiengesellschaft (CTTAF)

Deutsche Numis analyst Tim Rokossa maintained a Hold rating on Continental Aktiengesellschaft today and set a price target of EUR70.00. The company’s shares closed last Wednesday at $56.30.

According to TipRanks.com, Rokossa is a 4-star analyst with an average return of 4.5% and a 38.5% success rate. Rokossa covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Stellantis.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Aktiengesellschaft with a $79.56 average price target, representing a 35.3% upside. In a report issued on July 2, UBS also maintained a Hold rating on the stock with a EUR67.00 price target.

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Hermes International (HESAF)

J.P. Morgan analyst Chiara Battistini maintained a Hold rating on Hermes International today and set a price target of EUR2160.00. The company’s shares closed last Wednesday at $2280.00.

According to TipRanks.com, Battistini is ranked #539 out of 8924 analysts.

Hermes International has an analyst consensus of Moderate Buy, with a price target consensus of $2478.43, an 8.4% upside from current levels. In a report released today, Goldman Sachs also maintained a Hold rating on the stock with a EUR2375.00 price target.

Read More on CTTAF:

57.64
-0.94 (-1.61%)
Continental AG
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