Continental (CTTAY) Earning Somewhat Favorable News Coverage, Analysis Shows
Media headlines about Continental (OTCMKTS:CTTAY) have been trending somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Continental earned a coverage optimism score of 0.83 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 4 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Continental’s score:
- Continental AG Forecasted to Earn FY2018 Earnings of $1.60 Per Share (CTTAY) (americanbankingnews.com)
- Why Dividend Hunters Love Continental Aktiengesellschaft (FRA:CON) (finance.yahoo.com)
- Somewhat Positive Press Coverage Somewhat Unlikely to Affect Continental (CTTAY) Stock Price (americanbankingnews.com)
- Continental (CTTAY) Cut to “Hold” at Jefferies Financial Group (americanbankingnews.com)
- Continental AG (CTTAY) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
A number of brokerages have recently commented on CTTAY. JPMorgan Chase & Co. lowered Continental from an “overweight” rating to a “hold” rating in a research note on Tuesday, August 28th. BNP Paribas lowered Continental from a “neutral” rating to an “underperform” rating in a research note on Thursday, October 4th. Zacks Investment Research raised Continental from a “sell” rating to a “hold” rating in a research note on Wednesday. Goldman Sachs Group lowered Continental to a “buy” rating in a research note on Tuesday, October 16th. Finally, Citigroup lowered Continental from a “buy” rating to a “neutral” rating in a research note on Thursday, November 15th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Continental currently has an average rating of “Hold” and a consensus price target of $69.00.
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Continental Company Profile
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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