Continental (CTTAY) Stock Rating Lowered by Goldman Sachs Group

Goldman Sachs Group cut shares of Continental (OTCMKTS:CTTAY) to a buy rating in a research note published on Tuesday.

Several other analysts have also recently commented on CTTAY. Zacks Investment Research upgraded Continental from a sell rating to a hold rating in a report on Monday, July 2nd. DZ Bank restated a buy rating on shares of Continental in a report on Friday, August 3rd. JPMorgan Chase & Co. restated a buy rating on shares of Continental in a report on Monday, July 9th. Finally, BNP Paribas cut Continental from a neutral rating to an underperform rating in a report on Thursday, October 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of Hold and an average price target of $69.00.

CTTAY opened at $31.10 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.08 and a quick ratio of 0.79. The stock has a market capitalization of $34.73 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 1.33 and a beta of 1.31. Continental has a 12 month low of $31.00 and a 12 month high of $61.71.

Continental (OTCMKTS:CTTAY) last posted its quarterly earnings results on Monday, July 23rd. The company reported $0.98 EPS for the quarter. The company had revenue of $13.56 billion during the quarter. Continental had a return on equity of 18.64% and a net margin of 6.87%. As a group, sell-side analysts forecast that Continental will post 3.38 EPS for the current fiscal year.

About Continental

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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Analyst Recommendations for Continental (OTCMKTS:CTTAY)

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