Continental AG (OTCMKTS:CTTAY) Receives Average Rating of “Hold” from Analysts

Continental AG (OTCMKTS:CTTAY) has earned an average recommendation of “Hold” from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company.

Several research analysts have issued reports on CTTAY shares. Berenberg Bank downgraded shares of Continental from a “buy” rating to a “hold” rating in a research report on Tuesday, January 13th. Sanford C. Bernstein upgraded shares of Continental from an “underperform” rating to a “market perform” rating in a research note on Monday, January 5th. Citigroup restated a “buy” rating on shares of Continental in a research note on Tuesday, February 3rd. Finally, Zacks Research upgraded shares of Continental from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th.

Continental Trading Down 1.5%

Shares of Continental stock opened at $7.50 on Thursday. Continental has a 1 year low of $6.21 and a 1 year high of $9.19. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.87 and a current ratio of 1.28. The company has a market capitalization of $15.00 billion, a P/E ratio of 46.88, a PEG ratio of 3.98 and a beta of 1.37. The company’s fifty day moving average is $7.76 and its two-hundred day moving average is $7.63.

Continental Company Profile

Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company’s core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.

Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.