Continental: UBS still buying after Q3 results

(CercleFinance.com) - UBS confirms its 'buy' recommendation on Continental shares, with a target price maintained at E80, represening 42% upside potential for the stock in the wake of the German tyre and automotive supplier's results.


Financial performance is reassuring, particularly in the automotive segment, and Q3 y-o-y EBIT growth in the tyre segment is the best in the sector, the broker summarises.


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