Continental Aktiengesellschaft (OTCMKTS:CTTAY) Price Target Cut to €81.00

Continental Aktiengesellschaft (OTCMKTS:CTTAY – Get Rating) had its price target decreased by Royal Bank of Canada from €83.00 ($86.46) to €81.00 ($84.38) in a research report released on Tuesday, The Fly reports.

A number of other equities research analysts also recently weighed in on the stock. Zacks Investment Research raised shares of Continental Aktiengesellschaft from a sell rating to a hold rating in a research note on Monday, May 9th. JPMorgan Chase & Co. lowered their target price on shares of Continental Aktiengesellschaft from €110.00 ($114.58) to €103.00 ($107.29) and set a neutral rating on the stock in a research note on Friday, March 11th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Continental Aktiengesellschaft from €95.00 ($98.96) to €90.00 ($93.75) and set a hold rating on the stock in a research note on Friday, March 11th. UBS Group lowered their target price on shares of Continental Aktiengesellschaft from €136.00 ($141.67) to €110.00 ($114.58) and set a buy rating on the stock in a research note on Thursday, March 17th. Finally, HSBC raised shares of Continental Aktiengesellschaft from a hold rating to a buy rating in a research note on Monday, January 31st. Three analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of Hold and an average price target of $90.67.

CTTAY stock opened at $6.98 on Tuesday. The firm has a 50 day moving average of $7.01 and a 200-day moving average of $9.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.86 and a current ratio of 1.25. Continental Aktiengesellschaft has a 12 month low of $6.33 and a 12 month high of $16.20.

The company also recently announced a dividend, which was paid on Wednesday, May 11th. Investors of record on Tuesday, May 3rd were paid a $0.1702 dividend. The ex-dividend date was Monday, May 2nd.

About Continental Aktiengesellschaft (Get Rating)

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.

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