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

Continental AG (OTCMKTS:CTTAY) has earned a consensus recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company.

CTTAY has been the subject of several analyst reports. Zacks Investment Research cut shares of Continental from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th. DZ Bank restated a “neutral” rating on shares of Continental in a research report on Wednesday, April 3rd. Royal Bank of Canada initiated coverage on shares of Continental in a research report on Monday, June 3rd. They issued a “sector perform” rating for the company. JPMorgan Chase & Co. cut shares of Continental from a “neutral” rating to an “underweight” rating in a research report on Sunday, June 16th. Finally, Kepler Capital Markets restated a “neutral” rating on shares of Continental in a research report on Wednesday.

OTCMKTS CTTAY traded up $0.04 during trading on Friday, reaching $14.77. The company’s stock had a trading volume of 4,930 shares, compared to its average volume of 102,220. The company has a quick ratio of 0.78, a current ratio of 1.08 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $29.20 billion, a P/E ratio of 8.32, a P/E/G ratio of 10.10 and a beta of 1.27. Continental has a 12 month low of $13.30 and a 12 month high of $24.60.

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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