Bernstein Upgrades Continental, Citing Valuation Discount

By EC Assets · Published 8 October 2026

Bernstein has upgraded its rating for Continental AG. The investment firm cited a post-deal valuation discount to peers as a reason for the upgrade. Continental, a company known for its tire business and automotive components, has seen multiple analyst movements recently. Bernstein upgraded Continental AG to Market Perform from Underperform. It also raised the price target to EUR 60 from EUR 55. The firm stated Continental is the player most exposed to improving European conditions. Another report from Aktiencheck on September 30, 2026, indicated Bernstein raised its Continental price target from EUR 73 to EUR 74 and maintained a Market-Perform rating. This analyst cited pressure on tire makers. Separately, Bernstein started Continental AG coverage with an underperform rating on a Tuesday. Continental stock was trading at EUR 68.09 at Lang & Schwarz on September 30, 2026. This represented a 0.57 percent decline from its prior close of EUR 68.48. On the same day, the stock gained 1.04 percent as analyst targets split. Harry Martin from Bernstein also maintained a Hold rating on Continental Aktiengesellschaft with a price target of EUR 64.00. The company’s shares closed yesterday at $88.17. Bernstein also downgraded Pirelli, a competitor in the tire sector, to "underperform." This move occurred amid market shifts. The analyst changes highlight varying perspectives on the automotive and tire sector's outlook. Investors will monitor Continental’s performance in the coming weeks. Any further analyst revisions or company announcements could influence market sentiment. This article is intended for informational purposes only. It does not constitute investment advice.