Continental AG (OTCMKTS:CTTAY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have received a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities analysts recently commented on CTTAY shares. Deutsche Bank Aktiengesellschaft raised shares of Continental from a “hold” rating to a “buy” rating in a research note on Friday, October 17th. Barclays cut Continental from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Jefferies Financial Group raised Continental from a “hold” rating to a “buy” rating in a research report on Monday, November 24th. Oddo Bhf raised Continental to a “neutral” rating in a research note on Monday, September 1st. Finally, Citigroup reissued a “buy” rating on shares of Continental in a research report on Thursday, November 13th.

Continental Trading Up 0.9%

Shares of OTCMKTS CTTAY opened at $7.88 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.32 and a debt-to-equity ratio of 1.25. Continental has a 12 month low of $6.21 and a 12 month high of $9.19. The company has a market cap of $15.76 billion, a price-to-earnings ratio of 49.24, a P/E/G ratio of 1.59 and a beta of 1.32. The business has a fifty day simple moving average of $7.39 and a 200-day simple moving average of $8.11.

Continental (OTCMKTS:CTTAY) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by ($0.17). The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $4.93 billion. Continental had a return on equity of 1.14% and a net margin of 0.91%. Sell-side analysts predict that Continental will post 0.66 EPS for the current year.

Continental Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.