Continental AG (OTCMKTS:CTTAY) Receives Consensus Recommendation of “Hold” from Brokerages

Continental AG (OTCMKTS:CTTAY) has been given an average rating of “Hold” by the ten analysts that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating on the company.

A number of analysts recently issued reports on CTTAY shares. DZ Bank reissued a “hold” rating on shares of Continental in a report on Friday, June 28th. Zacks Investment Research cut General Finance from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Royal Bank of Canada set a €67.00 ($77.91) price objective on Daimler and gave the stock a “buy” rating in a report on Monday, June 3rd. Kepler Capital Markets reissued a “neutral” rating on shares of Continental in a report on Wednesday, June 19th. Finally, JPMorgan Chase & Co. cut Continental from a “neutral” rating to an “underweight” rating in a report on Sunday, June 16th.

Shares of OTCMKTS CTTAY traded up $0.22 during trading on Tuesday, reaching $13.36. 63,283 shares of the stock traded hands, compared to its average volume of 62,112. Continental has a 52-week low of $12.83 and a 52-week high of $23.17. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 0.74. The firm has a 50-day moving average of $13.98. The stock has a market cap of $26.72 billion, a PE ratio of 7.81, a P/E/G ratio of -26.22 and a beta of 1.27.



Continental Company Profile

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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Analyst Recommendations for Continental (OTCMKTS:CTTAY)

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