Shares of Continental AG (OTCMKTS:CTTAF) have been given an average recommendation of “Hold” by the fourteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $141.20.
A number of brokerages have recently commented on CTTAF. Barclays reissued a “sell” rating on shares of Continental in a report on Tuesday, October 8th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Continental in a report on Friday, October 4th. Bank of America reissued a “buy” rating and issued a $140.00 price target on shares of Continental in a report on Tuesday, July 23rd. UBS Group reissued a “hold” rating and issued a $130.00 price target on shares of Continental in a report on Tuesday, July 23rd. Finally, Deutsche Bank reissued a “buy” rating on shares of Continental in a report on Wednesday, July 24th.
CTTAF stock traded down $3.00 during trading on Friday, reaching $136.00. The stock had a trading volume of 3,414 shares, compared to its average volume of 1,500. Continental has a one year low of $117.00 and a one year high of $265.24. The company’s 50 day moving average is $132.18 and its two-hundred day moving average is $136.09.
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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