Continental AG (CTTAY) Stock Rating Reaffirmed by UBS AG
UBS AG reissued their buy rating on shares of Continental AG (OTCMKTS:CTTAY) in a research report report published on Thursday, www.boersen-zeitung.de reports.
A number of other equities analysts have also recently issued reports on CTTAY. BNP Paribas upgraded shares of Continental AG from an underperform rating to a neutral rating in a research note on Wednesday, May 31st. Goldman Sachs Group, Inc. (The) reiterated a buy rating on shares of Continental AG in a research note on Thursday, July 13th. Natixis upgraded shares of Continental AG from a neutral rating to a buy rating in a research note on Tuesday, July 18th. Finally, DZ Bank AG reiterated a buy rating on shares of Continental AG in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. Continental AG has an average rating of Buy and an average target price of $48.00.
Shares of Continental AG (OTCMKTS CTTAY) opened at 49.57 on Thursday. The stock has a 50 day moving average of $45.86 and a 200 day moving average of $44.30. Continental AG has a one year low of $34.14 and a one year high of $49.57. The stock has a market cap of $49.57 billion, a P/E ratio of 15.58 and a beta of 1.36.
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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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