Continental's ContiTech Unit Sale Progressing at Reasonable Valuation -- Market Talk

Dow Jones

03/24

0948 GMT - (Dow Jones) Continental shares are oversold and newsflow suggesting that the sale of its ContiTech business is progressing at a reasonable valuation range is positive, Citi analysts write. Bloomberg reported that the ContiTech business is potentially being valued at between 3.5 billion and 4 billion euros, which is below Citi's valuation of 4.6 billion euros. However, a sale at the mid-point would still leave the remaining Continental business trading at a valuation below key peers Michelin and Pirelli, offering compelling upside. The bank thinks recent share price weakness in Continental had effectively discounted any such sale even happening on account of recent uncertainty in raw material prices and availability, rates and valuations. Citi rates Continental at buy with a 78 euro target price. Shares fall 1.1% to 59.10 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 05:49 ET (09:49 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2621800063"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2621800063\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2621800063?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-24 17:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621800063","market":"fut","top_or_hot":-1,"title":"Continental's ContiTech Unit Sale Progressing at Reasonable Valuation -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0948 GMT - (Dow Jones) Continental shares are oversold and newsflow suggesting that the sale of its ContiTech business is progressing at a reasonable valuation range is positive, Citi analysts write. Bloomberg reported that the ContiTech business is potentially being valued at between 3.5 billion and 4 billion euros, which is below Citi's valuation of 4.6 billion euros. However, a sale at the mid-point would still leave the remaining Continental business trading at a valuation below key peers Michelin and Pirelli, offering compelling upside. The bank thinks recent share price weakness in Continental had effectively discounted any such sale even happening on account of recent uncertainty in raw material prices and availability, rates and valuations. Citi rates Continental at buy with a 78 euro target price. Shares fall 1.1% to 59.10 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 05:49 ET (09:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Continental's ContiTech Unit Sale Progressing at Reasonable Valuation -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nContinental's ContiTech Unit Sale Progressing at Reasonable Valuation -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-03-24 17:49</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0948 GMT - (Dow Jones) Continental shares are oversold and newsflow suggesting that the sale of its ContiTech business is progressing at a reasonable valuation range is positive, Citi analysts write. Bloomberg reported that the ContiTech business is potentially being valued at between 3.5 billion and 4 billion euros, which is below Citi's valuation of 4.6 billion euros. However, a sale at the mid-point would still leave the remaining Continental business trading at a valuation below key peers Michelin and Pirelli, offering compelling upside. The bank thinks recent share price weakness in Continental had effectively discounted any such sale even happening on account of recent uncertainty in raw material prices and availability, rates and valuations. Citi rates Continental at buy with a 78 euro target price. Shares fall 1.1% to 59.10 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 24, 2026 05:49 ET (09:49 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4124","symbol_name":"機動車零配件與設備","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621800063","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621800063","pubTimestamp":1774345740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0948 GMT -  Continental shares are oversold and newsflow suggesting that the sale of its ContiTech business is progressing at a reasonable valuation range is positive, Citi analysts write. Bloomberg reported that the ContiTech business is potentially being valued at between 3.5 billion and 4 billion euros, which is below Citi's valuation of 4.6 billion euros. However, a sale at the mid-point would still leave the remaining Continental business trading at a valuation below key peers Michelin and Pirelli, offering compelling upside. The bank thinks recent share price weakness in Continental had effectively discounted any such sale even happening on account of recent uncertainty in raw material prices and availability, rates and valuations. Citi rates Continental at buy with a 78 euro target price. Shares fall 1.1% to 59.10 euros. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4124":"机动车零配件与设备","CTTAY":"Continental AG","BK4119":"轮胎与橡胶"},"translate_title":"大陆集团ContiTech部门出售以合理估值取得进展——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CTTAY":0.9},"content_text":"0948 GMT - (Dow Jones) Continental shares are oversold and newsflow suggesting that the sale of its ContiTech business is progressing at a reasonable valuation range is positive, Citi analysts write. Bloomberg reported that the ContiTech business is potentially being valued at between 3.5 billion and 4 billion euros, which is below Citi's valuation of 4.6 billion euros. However, a sale at the mid-point would still leave the remaining Continental business trading at a valuation below key peers Michelin and Pirelli, offering compelling upside. The bank thinks recent share price weakness in Continental had effectively discounted any such sale even happening on account of recent uncertainty in raw material prices and availability, rates and valuations. Citi rates Continental at buy with a 78 euro target price. Shares fall 1.1% to 59.10 euros. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2026 05:49 ET (09:49 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}