Royal Bank of Canada reissued their hold rating on shares of Continental (OTCMKTS:CTTAF) in a research report report published on Wednesday, AnalystRatings.com reports. The firm currently has a $136.00 target price on the stock.
Other analysts also recently issued research reports about the company. Bank of America restated a buy rating on shares of Continental in a research note on Wednesday, May 15th. Kepler Capital Markets restated a hold rating on shares of Continental in a research note on Friday, June 28th. Deutsche Bank increased their target price on Prudential Financial from $97.00 to $104.00 and gave the company a hold rating in a research note on Friday, April 12th. Jefferies Financial Group restated a buy rating and set a GBX 3,000 ($39.20) target price on shares of in a research note on Monday, June 3rd. Finally, HSBC restated a buy rating and set a GBX 275 ($3.59) target price on shares of in a research note on Thursday, June 27th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Continental currently has an average rating of Hold and an average price target of $146.63.
Shares of OTCMKTS:CTTAF opened at $132.75 on Wednesday. The firm’s 50 day simple moving average is $139.58. Continental has a twelve month low of $132.75 and a twelve month high of $265.25.
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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