DZ Bank Reiterates Neutral Rating for Continental (CTTAY)
Continental (OTCMKTS:CTTAY)‘s stock had its “neutral” rating restated by analysts at DZ Bank in a research report issued on Friday.
Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. cut shares of Continental from an “overweight” rating to a “hold” rating in a report on Tuesday, August 28th. BNP Paribas cut shares of Continental from a “neutral” rating to an “underperform” rating in a report on Thursday, October 4th. Finally, Goldman Sachs Group cut shares of Continental to a “buy” rating in a report on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $69.00.
Shares of OTCMKTS:CTTAY opened at $15.70 on Friday. Continental has a one year low of $14.51 and a one year high of $30.86. The company has a quick ratio of 0.79, a current ratio of 1.08 and a debt-to-equity ratio of 0.09. The company has a market cap of $32.04 billion, a PE ratio of 9.13, a price-to-earnings-growth ratio of 1.56 and a beta of 1.20.
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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