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 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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