Continental AG (CTTAY) Receives Consensus Recommendation of “Hold” from Brokerages
Continental AG (OTCMKTS:CTTAY) has received a consensus rating of “Hold” from the seven analysts that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.
CTTAY has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Continental from a “sell” rating to a “hold” rating in a report on Monday, July 2nd. DZ Bank reiterated a “buy” rating on shares of Continental in a report on Friday, August 3rd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Continental in a report on Monday, July 9th.
Shares of Continental stock traded down $0.36 on Wednesday, hitting $36.89. 27,305 shares of the company traded hands, compared to its average volume of 79,858. 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 12-month low of $34.00 and a 12-month high of $61.71. The stock has a market cap of $37.25 billion, a P/E ratio of 10.95, a P/E/G ratio of 1.43 and a beta of 1.35.
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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