Continental AG (CTTAY) Receives Average Recommendation of “Hold” from Analysts
Continental AG (OTCMKTS:CTTAY) has been assigned a consensus rating of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company.
A number of research analysts have recently issued reports on CTTAY shares. Zacks Investment Research raised Continental from a “sell” rating to a “hold” rating in a research note on Wednesday. DZ Bank reaffirmed a “neutral” rating on shares of Continental in a research note on Friday, November 9th. Jefferies Financial Group cut Continental from a “buy” rating to a “hold” rating in a research note on Tuesday. JPMorgan Chase & Co. cut Continental from an “overweight” rating to a “hold” rating in a research note on Tuesday, August 28th. Finally, Citigroup cut Continental from a “buy” rating to a “neutral” rating in a research note on Thursday, November 15th.
CTTAY traded down $0.26 during trading on Monday, reaching $14.12. The stock had a trading volume of 134,954 shares, compared to its average volume of 79,209. The stock has a market cap of $28.76 billion, a PE ratio of 8.40, a P/E/G ratio of 1.42 and a beta of 1.13. The company has a quick ratio of 0.79, a current ratio of 1.08 and a debt-to-equity ratio of 0.09. Continental has a one year low of $14.00 and a one year high of $30.86.
Continental Aktiengesellschaft provides products and services primarily for the automotive industry worldwide. It 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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