Shares of Continental AG (OTCMKTS:CTTAF) have been given a consensus recommendation of “Hold” by the thirteen ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $136.43.
A number of brokerages have recently issued reports on CTTAF. Berenberg Bank reissued a “neutral” rating on shares of Continental in a research report on Friday, June 21st. Jefferies Financial Group reissued a “hold” rating and issued a $130.00 target price on shares of Continental in a research report on Monday, June 3rd. JPMorgan Chase & Co. reissued a “sell” rating and issued a $119.00 target price on shares of Continental in a research report on Tuesday, July 23rd. DZ Bank reissued a “hold” rating on shares of Continental in a research report on Friday, June 28th. Finally, Deutsche Bank reissued a “buy” rating on shares of Continental in a research report on Wednesday, July 24th.
Shares of Continental stock traded down $4.03 during trading on Thursday, reaching $121.00. The company’s stock had a trading volume of 2,280 shares, compared to its average volume of 1,046. The business’s 50-day moving average price is $137.62 and its 200-day moving average price is $154.70. Continental has a 52 week low of $120.95 and a 52 week 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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