Continental AG (CTTAY) Given Average Recommendation of “Hold” by Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have been assigned a consensus rating of “Hold” from the twelve research firms that are presently covering the firm. Three research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and six have issued a buy recommendation on the company.

Several equities research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Continental AG from a “hold” rating to a “sell” rating in a report on Wednesday, October 19th. Deutsche Bank AG restated a “buy” rating on shares of Continental AG in a report on Wednesday, December 7th. Berenberg Bank assumed coverage on shares of Continental AG in a report on Tuesday, November 22nd. They issued a “sell” rating for the company. Jefferies Group LLC assumed coverage on shares of Continental AG in a report on Tuesday, November 29th. They issued a “buy” rating for the company. Finally, Societe Generale upgraded shares of Continental AG from a “hold” rating to a “buy” rating in a report on Friday, January 6th.

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Shares of Continental AG (OTCMKTS:CTTAY) traded up 1.01% during midday trading on Monday, reaching $40.60. 11,551 shares of the company’s stock were exchanged. Continental AG has a one year low of $34.14 and a one year high of $45.82. The firm has a 50 day moving average of $39.88 and a 200-day moving average of $39.89. The stock has a market cap of $40.60 billion, a price-to-earnings ratio of 14.20 and a beta of 1.36.

About Continental AG

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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