Continental AG (OTCMKTS:CTTAY) Given Consensus Rating of “Hold” by Brokerages
Shares of Continental AG (OTCMKTS:CTTAY) have received a consensus rating of “Hold” from the ten analysts that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company.
CTTAY has been the topic of a number of research analyst reports. DZ Bank reiterated a “neutral” rating on shares of Continental in a report on Tuesday, July 23rd. Kepler Capital Markets reiterated a “neutral” rating on shares of Continental in a report on Wednesday, June 19th. JPMorgan Chase & Co. downgraded Continental from a “neutral” rating to an “underweight” rating in a report on Sunday, June 16th. Zacks Investment Research downgraded Continental from a “hold” rating to a “strong sell” rating in a report on Monday, July 15th. Finally, Royal Bank of Canada initiated coverage on Continental in a report on Monday, June 3rd. They set a “sector perform” rating on the stock.
Shares of CTTAY stock traded down $0.36 during midday trading on Friday, reaching $11.60. 163,872 shares of the stock were exchanged, compared to its average volume of 538,007. Continental has a 1 year low of $11.96 and a 1 year high of $21.55. The company has a 50 day simple moving average of $13.66. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.74 and a current ratio of 1.03. The firm has a market cap of $23.20 billion, a price-to-earnings ratio of 6.78, a PEG ratio of -24.63 and a beta of 1.26.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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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