Continental Aktiengesellschaft (OTCMKTS:CTTAY) Rating Reiterated by UBS Group

UBS Group reaffirmed their buy rating on shares of Continental Aktiengesellschaft (OTCMKTS:CTTAY) in a research note released on Monday, The Fly reports.

Other equities research analysts have also issued research reports about the company. Morgan Stanley reissued an equal weight rating on shares of Continental Aktiengesellschaft in a research report on Thursday, March 11th. JPMorgan Chase & Co. reissued an overweight rating on shares of Continental Aktiengesellschaft in a research report on Monday, April 26th. Deutsche Bank Aktiengesellschaft assumed coverage on Continental Aktiengesellschaft in a research report on Wednesday, June 2nd. They set a hold rating on the stock. HSBC lowered Continental Aktiengesellschaft from a buy rating to a hold rating in a research report on Tuesday, March 30th. Finally, Barclays reaffirmed an equal weight rating on shares of Continental Aktiengesellschaft in a research report on Friday, March 19th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $12.00.

Shares of Continental Aktiengesellschaft stock opened at $15.77 on Monday. The company has a 50 day moving average price of $14.23. Continental Aktiengesellschaft has a 52-week low of $9.32 and a 52-week high of $16.20. The firm has a market cap of $31.54 billion, a price-to-earnings ratio of -35.84, a PEG ratio of 0.43 and a beta of 1.65. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.08 and a current ratio of 1.34.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last announced its earnings results on Thursday, May 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.07. Continental Aktiengesellschaft had a negative return on equity of 5.64% and a negative net margin of 2.04%. As a group, analysts anticipate that Continental Aktiengesellschaft will post 1 EPS for the current fiscal year.

About Continental Aktiengesellschaft

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The Autonomous Mobility and Safety business area engages in the development, production, and integration of components and systems for the autonomous mobility and safety, including advanced driver assistance systems, hydraulic brake systems, passive safety and sensoric products, and vehicle dynamics products.

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Analyst Recommendations for Continental Aktiengesellschaft (OTCMKTS:CTTAY)

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