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

Shares of Continental AG (OTCMKTS:CTTAY) have been given a consensus rating of “Moderate Buy” by the nine ratings firms that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have weighed in on the stock. Citigroup reissued a “buy” rating on shares of Continental in a report on Thursday, November 13th. Berenberg Bank lowered shares of Continental from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Sanford C. Bernstein upgraded Continental from an “underperform” rating to a “market perform” rating in a research report on Monday, January 5th. Zacks Research raised Continental from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Finally, Jefferies Financial Group raised Continental from a “hold” rating to a “buy” rating in a research note on Monday, November 24th.

Continental Price Performance

OTCMKTS CTTAY opened at $7.91 on Friday. The company’s 50 day simple moving average is $7.83 and its 200 day simple moving average is $7.93. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.32 and a quick ratio of 0.90. The firm has a market capitalization of $15.82 billion, a PE ratio of 49.44 and a beta of 1.30. Continental has a 12 month low of $6.21 and a 12 month high of $9.19.

Continental (OTCMKTS:CTTAY) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.17). Continental had a return on equity of 1.14% and a net margin of 0.91%.The firm had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $4.93 billion. As a group, equities research analysts forecast that Continental will post 0.66 EPS for the current fiscal year.

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.