Continental AG (CTTAY) Given Consensus Rating of “Buy” by Analysts
Continental AG (OTCMKTS:CTTAY) has received a consensus rating of “Buy” from the thirteen analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company.
A number of research firms have recently commented on CTTAY. BNP Paribas upgraded Continental AG from an “underperform” rating to a “neutral” rating in a research report on Wednesday, May 31st. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Continental AG in a research report on Thursday, July 13th. Natixis upgraded Continental AG from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 18th. Finally, DZ Bank AG restated a “buy” rating on shares of Continental AG in a research report on Tuesday, August 8th.
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Shares of Continental AG (OTCMKTS CTTAY) traded up 0.39% during trading on Friday, hitting $47.80. The stock had a trading volume of 14,604 shares. The firm has a 50 day moving average price of $45.38 and a 200 day moving average price of $44.03. Continental AG has a 12-month low of $34.14 and a 12-month high of $48.01. The firm has a market cap of $47.80 billion, a P/E ratio of 15.34 and a beta of 1.36.
About Continental AG
Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.
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