Continental AG (OTCMKTS:CTTAY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Continental AG (OTCMKTS:CTTAY) has been given an average recommendation of “Moderate Buy” by the five brokerages that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have recently commented on CTTAY shares. Jefferies Financial Group downgraded shares of Continental from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Oddo Bhf upgraded shares of Continental to a “neutral” rating in a research report on Monday.

Continental Stock Up 0.9%

Shares of OTCMKTS:CTTAY opened at $8.57 on Wednesday. Continental has a 52 week low of $5.64 and a 52 week high of $9.19. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.03 and a current ratio of 1.18. The company’s fifty day moving average is $8.79 and its 200-day moving average is $8.15. The company has a market capitalization of $17.13 billion, a PE ratio of 9.85, a P/E/G ratio of 0.68 and a beta of 1.37.

Continental (OTCMKTS:CTTAY) last issued its earnings results on Tuesday, August 5th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.26 by $0.02. Continental had a net margin of 4.54% and a return on equity of 13.20%. The company had revenue of $11.09 billion for the quarter, compared to the consensus estimate of $11.10 billion. Equities research analysts predict that Continental will post 0.66 earnings per share for the current fiscal year.

Continental Company Profile

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; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.