Berenberg Bank began coverage on shares of Continental AG (OTCMKTS:CTTAY) in a research note issued to investors on Tuesday. The brokerage set a “sell” rating on the stock.

CTTAY has been the topic of a number of other research reports. DZ Bank AG reiterated a “buy” rating on shares of Continental AG in a research note on Thursday, August 4th. Zacks Investment Research downgraded shares of Continental AG from a “hold” rating to a “sell” rating in a report on Monday, August 29th. Barclays PLC downgraded shares of Continental AG from an “overweight” rating to an “equal weight” rating in a report on Friday, October 14th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Continental AG in a report on Monday, September 12th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $43.00.

Analyst Recommendations for Continental AG (OTCMKTS:CTTAY)

Shares of Continental AG (OTCMKTS:CTTAY) opened at 34.525 on Tuesday. The company has a 50 day moving average of $0.00 and a 200-day moving average of $0.00. Continental AG has a one year low of $34.14 and a one year high of $49.75.

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About Continental AG

Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.

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