Continental AG (OTCMKTS:CTTAY) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Continental AG (OTCMKTS:CTTAY) have been given a consensus rating of “Hold” by the twelve analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company.
CTTAY has been the topic of a number of analyst reports. Barclays lowered Continental from an “equal weight” rating to an “underweight” rating in a report on Tuesday, October 8th. ValuEngine raised Continental from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Bank of America lowered Continental from a “buy” rating to a “neutral” rating in a report on Friday, August 23rd. Deutsche Bank lowered Continental from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Goldman Sachs Group downgraded Continental from a “buy” rating to a “neutral” rating in a research note on Monday, August 19th.
Shares of OTCMKTS CTTAY traded up $0.05 during mid-day trading on Monday, reaching $13.42. 57,928 shares of the company traded hands, compared to its average volume of 189,140. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.74 and a current ratio of 1.03. The stock has a market cap of $27.56 billion, a PE ratio of 7.85, a price-to-earnings-growth ratio of 6.00 and a beta of 1.29. The company’s fifty day moving average is $13.38 and its two-hundred day moving average is $13.58. Continental has a fifty-two week low of $11.50 and a fifty-two week high of $17.84.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company operates through Chassis & Safety, Powertrain, Interior, Tires, and ContiTech segments. The Chassis & Safety segment develops, produces, and markets intelligent systems to enhance driving safety and vehicle dynamics.
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