Continental AG (OTCMKTS:CTTAY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Continental AG (OTCMKTS:CTTAY) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts recently commented on the company. Barclays reiterated an “overweight” rating on shares of Continental in a research report on Monday, September 8th. Oddo Bhf upgraded Continental to a “neutral” rating in a research report on Monday, September 1st. Finally, Deutsche Bank Aktiengesellschaft upgraded Continental from a “hold” rating to a “buy” rating in a research report on Friday, October 17th.

Continental Stock Up 2.2%

Shares of CTTAY opened at $7.60 on Thursday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.03 and a current ratio of 1.18. Continental has a one year low of $5.84 and a one year high of $9.19. The stock has a market capitalization of $15.19 billion, a price-to-earnings ratio of 8.73, a PEG ratio of 1.30 and a beta of 1.42. The stock has a 50 day moving average price of $7.78 and a 200 day moving average price of $8.21.

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

About Continental

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.