Continental AG (CTTAY) Earns “Buy” Rating from UBS AG
Continental AG (OTCMKTS:CTTAY)‘s stock had its “buy” rating reiterated by research analysts at UBS AG in a research note issued to investors on Thursday, www.boersen-zeitung.de reports.
CTTAY has been the subject of several other research reports. DZ Bank AG restated a “buy” rating on shares of Continental AG in a report on Tuesday, August 8th. Natixis upgraded shares of Continental AG from a “neutral” rating to a “buy” rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Continental AG in a report on Thursday, July 13th. Finally, BNP Paribas upgraded shares of Continental AG from an “underperform” rating to a “neutral” rating in a report on Wednesday, May 31st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $48.00.
Continental AG (OTCMKTS CTTAY) opened at 47.58 on Thursday. Continental AG has a 12-month low of $34.14 and a 12-month high of $48.19.
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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