Continental (OTCMKTS:CTTAF)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a report released on Wednesday, AnalystRatings.com reports.
Other analysts also recently issued research reports about the company. HSBC reiterated a “hold” rating and set a $145.00 price target on shares of Continental in a research note on Thursday, June 27th. Kepler Capital Markets reissued a “hold” rating on shares of Continental in a report on Friday, June 28th. UBS Group reissued a “hold” rating and issued a $130.00 price objective on shares of Continental in a report on Tuesday, July 23rd. Bank of America reissued a “buy” rating and issued a $140.00 price objective on shares of Continental in a report on Tuesday, July 23rd. Finally, Royal Bank of Canada reissued a “hold” rating and issued a $136.00 price objective on shares of Continental in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company. Continental presently has a consensus rating of “Hold” and an average price target of $143.89.
Continental stock traded down $1.81 during trading hours on Wednesday, hitting $128.00. 30 shares of the stock traded hands, compared to its average volume of 1,062. The firm’s 50 day moving average price is $125.78 and its 200-day moving average price is $144.56. Continental has a 1 year low of $117.00 and a 1 year high of $265.24.
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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