DZ Bank AG Reaffirms Buy Rating for Continental AG (CTTAY)
Other research analysts have also recently issued reports about the company. Zacks Investment Research raised Continental AG from a hold rating to a buy rating and set a $48.00 price objective for the company in a research report on Thursday, April 20th. Goldman Sachs Group, Inc. (The) reissued a buy rating on shares of Continental AG in a research report on Thursday, July 13th. BNP Paribas raised Continental AG from an underperform rating to a neutral rating in a research report on Wednesday, May 31st. Finally, Natixis raised Continental AG from a neutral rating to a buy rating in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. Continental AG currently has an average rating of Buy and a consensus target price of $48.00.
Continental AG (CTTAY) opened at 44.60 on Tuesday. The stock’s 50 day moving average price is $44.56 and its 200-day moving average price is $43.26. Continental AG has a 52-week low of $34.14 and a 52-week high of $46.21. The company has a market cap of $44.60 billion, a P/E ratio of 14.20 and a beta of 1.37.
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Continental AG Company Profile
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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