Jefferies Group Initiates Coverage on Continental AG (CTTAY)
Separately, Berenberg Bank initiated coverage on Continental AG in a research report on Tuesday, November 22nd. They set a “sell” rating for the company.
Shares of Continental AG (OTC:CTTAY) traded up 2.81% during trading on Tuesday, hitting $35.64. The company had a trading volume of 28,469 shares. The stock has a market capitalization of $35.64 billion, a P/E ratio of 11.21 and a beta of 1.62. Continental AG has a 52 week low of $34.14 and a 52 week high of $49.75. The firm’s 50 day moving average is $37.26 and its 200-day moving average is $40.51.
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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