Continental AG (OTCMKTS:CTTAY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have received an average recommendation of “Hold” from the eight research firms that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of equities research analysts have weighed in on the company. Zacks Research raised Continental from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. Sanford C. Bernstein raised Continental from an “underperform” rating to a “market perform” rating in a report on Monday, January 5th. Citigroup reaffirmed a “buy” rating on shares of Continental in a report on Tuesday, February 3rd. Finally, Berenberg Bank downgraded Continental from a “buy” rating to a “hold” rating in a report on Tuesday, January 13th.

Continental Stock Down 1.7%

CTTAY stock opened at $7.55 on Thursday. Continental has a twelve month low of $6.21 and a twelve month high of $9.19. The company has a market cap of $15.10 billion, a PE ratio of 47.19, a price-to-earnings-growth ratio of 4.02 and a beta of 1.37. The business’s 50-day simple moving average is $7.68 and its 200 day simple moving average is $7.66. The company has a quick ratio of 0.87, a current ratio of 1.28 and a debt-to-equity ratio of 1.14.

Continental Company Profile

Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company’s core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.

Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.