Headlines about Continental (OTCMKTS:CTTAY) have been trending somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Continental earned a news impact score of 0.83 on their scale. InfoTrie also gave press coverage about the company an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Continental’s analysis:
- Continental AG Forecasted to Earn FY2018 Earnings of $1.60 Per Share (CTTAY) (americanbankingnews.com)
- Why Dividend Hunters Love Continental Aktiengesellschaft (FRA:CON) (finance.yahoo.com)
- Somewhat Positive Press Coverage Somewhat Unlikely to Affect Continental (CTTAY) Stock Price (americanbankingnews.com)
- Continental (CTTAY) Cut to “Hold” at Jefferies Financial Group (americanbankingnews.com)
- Continental AG (CTTAY) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
A number of brokerages have weighed in on CTTAY. Zacks Investment Research upgraded Continental from a “sell” rating to a “hold” rating in a report on Wednesday. DZ Bank reiterated a “neutral” rating on shares of Continental in a report on Friday, November 9th. Jefferies Financial Group downgraded Continental from a “buy” rating to a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. downgraded Continental from an “overweight” rating to a “hold” rating in a report on Tuesday, August 28th. Finally, Citigroup downgraded Continental from a “buy” rating to a “neutral” rating in a report on Thursday, November 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $69.00.
Shares of CTTAY stock opened at $14.38 on Friday. The company has a market capitalization of $29.06 billion, a price-to-earnings ratio of 8.56, a price-to-earnings-growth ratio of 1.41 and a beta of 1.13. The company has a quick ratio of 0.79, a current ratio of 1.08 and a debt-to-equity ratio of 0.09. Continental has a fifty-two week low of $14.00 and a fifty-two week high of $30.86.
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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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