Continental (OTCMKTS:CTTAY) was downgraded by analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.
Several other equities research analysts have also commented on CTTAY. Royal Bank of Canada began coverage on shares of Continental in a research report on Monday, June 3rd. They set a “sector perform” rating for the company. Zacks Investment Research lowered shares of Continental from a “hold” rating to a “strong sell” rating in a research report on Monday, July 15th. Kepler Capital Markets reaffirmed a “neutral” rating on shares of Continental in a research report on Wednesday, June 19th. JPMorgan Chase & Co. lowered shares of Continental from a “neutral” rating to an “underweight” rating in a research report on Sunday, June 16th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Continental in a research report on Tuesday, July 23rd. Two research analysts have rated the stock with a sell rating and nine have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold”.
Shares of OTCMKTS:CTTAY opened at $11.73 on Monday. Continental has a fifty-two week low of $11.50 and a fifty-two week high of $21.55. The business has a 50-day simple moving average of $13.35 and a two-hundred day simple moving average of $14.97. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.74 and a current ratio of 1.03. The firm has a market cap of $23.56 billion, a price-to-earnings ratio of 6.86, a price-to-earnings-growth ratio of -23.47 and a beta of 1.26.
Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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.
Featured Article: Trade War
Receive News & Ratings for Continental Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental and related companies with MarketBeat.com's FREE daily email newsletter.