Fintel reports that on August 7, 2024, BNP PARIBAS EXANE downgraded their outlook for Continental Aktiengesellschaft (BIT:1CON) from Outperform to Neutral.
Analyst Price Forecast Suggests 24.40% Upside
As of August 6, 2024, the average one-year price target for Continental Aktiengesellschaft is €72.42/share. The forecasts range from a low of €54.76 to a high of €94.89. The average price target represents an increase of 24.40% from its latest reported closing price of €58.22 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Continental Aktiengesellschaft is 43,660MM. The projected annual non-GAAP EPS is 9.30.
What is the Fund Sentiment?
There are 280 funds or institutions reporting positions in Continental Aktiengesellschaft. This is an increase of 5 owner(s) or 1.82% in the last quarter. Average portfolio weight of all funds dedicated to 1CON is 0.28%, an increase of 16.53%. Total shares owned by institutions increased in the last three months by 0.66% to 25,813K shares.
What are Other Shareholders Doing?
OAKIX - Oakmark International Fund Investor Class holds 6,251K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 6,169K shares , representing an increase of 1.31%. The firm decreased its portfolio allocation in 1CON by 12.23% over the last quarter.
TEPLX - Templeton Growth Fund, Inc. holds 1,883K shares representing 0.94% ownership of the company. No change in the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 1,495K shares representing 0.75% ownership of the company. In its prior filing, the firm reported owning 1,479K shares , representing an increase of 1.08%. The firm decreased its portfolio allocation in 1CON by 23.24% over the last quarter.
BBIEX - Bridge Builder International Equity Fund holds 917K shares representing 0.46% ownership of the company. In its prior filing, the firm reported owning 919K shares , representing a decrease of 0.18%. The firm decreased its portfolio allocation in 1CON by 18.53% over the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 893K shares representing 0.45% ownership of the company. In its prior filing, the firm reported owning 878K shares , representing an increase of 1.64%. The firm decreased its portfolio allocation in 1CON by 18.59% over the last quarter.
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