Continental (CTTAY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Continental (OTCMKTS:CTTAY) from a hold rating to a buy rating in a research report report published on Tuesday morning. Zacks Investment Research currently has $60.00 target price on the stock.

According to Zacks, “Continental AG manufactures tires, automotive parts and industrial products. The Company’s operating segment consists of Chassis and Safety segment, which develops and produces systems for the automotive industry; Powertrain segment, which integrates system solutions for the powertrain and vehicles of all categories; Interior segment, which offers solutions for information management in order to network drivers and passengers with their own and other vehicles, Tires segment, which offers tires for passenger cars, trucks, buses, construction side vehicles, industrial vehicles, bicycles and motorcycles and ContiTech segment, which develops products made from rubber and plastic. Continental AG is headquartered in Hanover, Germany. “

Separately, UBS Group reissued a buy rating on shares of Continental in a research report on Thursday, September 14th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company has an average rating of Buy and an average target price of $60.00.

Continental (OTCMKTS CTTAY) opened at $57.25 on Tuesday. Continental has a 1 year low of $38.68 and a 1 year high of $57.25. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.09. The company has a market cap of $56,920.00, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 1.56 and a beta of 1.55.

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About Continental

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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Analyst Recommendations for Continental (OTCMKTS:CTTAY)

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