Continental AG (CTTAY) Given Consensus Recommendation of “Buy” by Brokerages
Continental AG (OTCMKTS:CTTAY) has received an average rating of “Buy” from the twelve brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company.
A number of research firms have recently weighed in on CTTAY. UBS AG reissued a “buy” rating on shares of Continental AG in a research report on Thursday. BNP Paribas raised shares of Continental AG from an “underperform” rating to a “neutral” rating in a research report on Wednesday, May 31st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Continental AG in a research report on Thursday, July 13th. Natixis raised shares of Continental AG from a “neutral” rating to a “buy” rating in a research report on Tuesday, July 18th. Finally, DZ Bank AG reissued 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 2.33% during midday trading on Friday, reaching $48.69. 18,007 shares of the company’s stock traded hands. The firm has a market cap of $48.69 billion, a PE ratio of 15.30 and a beta of 1.36. The stock has a 50-day moving average price of $45.75 and a 200 day moving average price of $44.24. Continental AG has a 12 month low of $34.14 and a 12 month high of $48.73.
Continental AG Company Profile
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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