Continental (CTTAY) Given “Neutral” Rating at DZ Bank

DZ Bank reissued their neutral rating on shares of Continental (OTCMKTS:CTTAY) in a report released on Monday morning.

Several other research analysts also recently commented on the company. Goldman Sachs Group downgraded Continental to a buy rating in a report on Tuesday, October 16th. BNP Paribas downgraded Continental from a neutral rating to an underperform rating in a report on Thursday, October 4th. Jefferies Financial Group downgraded Continental from a buy rating to a hold rating in a report on Tuesday, December 4th. Citigroup downgraded Continental from a buy rating to a neutral rating in a report on Thursday, November 15th. Finally, UBS Group downgraded Continental from a buy rating to a neutral rating in a report on Thursday, January 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $69.00.

CTTAY stock opened at $14.74 on Monday. Continental has a 1-year low of $13.30 and a 1-year high of $30.86. The company has a market capitalization of $29.82 billion, a PE ratio of 8.77 and a beta of 1.08. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.08.

Continental (OTCMKTS:CTTAY) last announced its earnings results on Thursday, November 8th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.25 by $0.11. The business had revenue of $12.54 billion for the quarter, compared to the consensus estimate of $12.39 billion. Continental had a return on equity of 17.66% and a net margin of 6.63%. Analysts forecast that Continental will post 1.62 earnings per share for the current year.

About Continental

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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Analyst Recommendations for Continental (OTCMKTS:CTTAY)

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