Continental AG (CTTAY) Given Consensus Recommendation of “Buy” by Brokerages
Continental AG (OTCMKTS:CTTAY) has been assigned an average rating of “Buy” from the ten analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and seven have given a buy recommendation to the company.
A number of brokerages recently commented on CTTAY. DZ Bank AG restated a “buy” rating on shares of Continental AG in a research note on Tuesday, August 8th. UBS AG restated a “buy” rating on shares of Continental AG in a research note on Thursday, September 14th. Natixis upgraded shares of Continental AG from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Continental AG in a research note on Thursday, July 13th.
The stock has a market capitalization of $51.97 billion, a P/E ratio of 17.98, a P/E/G ratio of 1.89 and a beta of 1.42. The company has a current ratio of 1.10, a quick ratio of 0.81 and a debt-to-equity ratio of 0.18.
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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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