Continental AG (OTCMKTS:CTTAY) Given Average Recommendation of “Hold” by Brokerages

Shares of Continental AG (OTCMKTS:CTTAY) have been assigned a consensus rating of “Hold” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has given a buy recommendation to the company.

CTTAY has been the topic of a number of recent research reports. Kepler Capital Markets restated a “neutral” rating on shares of Continental in a report on Wednesday, June 19th. DZ Bank restated a “neutral” rating on shares of Continental in a report on Tuesday, July 23rd. Zacks Investment Research lowered Continental from a “hold” rating to a “strong sell” rating in a report on Monday, July 15th. JPMorgan Chase & Co. lowered Continental from a “neutral” rating to an “underweight” rating in a report on Sunday, June 16th. Finally, Royal Bank of Canada initiated coverage on Continental in a report on Monday, June 3rd. They issued a “sector perform” rating on the stock.

Shares of CTTAY traded down $0.36 during mid-day trading on Friday, hitting $11.60. The company’s stock had a trading volume of 163,872 shares, compared to its average volume of 538,007. The business has a 50-day moving average of $13.66. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 6.78, a PEG ratio of -24.63 and a beta of 1.26. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 0.74. Continental has a one year low of $11.96 and a one year high of $21.55.

About Continental

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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