Continental AG (OTCMKTS:CTTAY) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Shares of Continental AG (CTTAY) carry a consensus recommendation of Hold from eight brokerages covering the stock—five rate it Hold and three rate it Buy.
• Analyst actions are mixed: Citigroup reiterated a Buy, Berenberg downgraded to Hold, and both Zacks and Sanford C. Bernstein recently upgraded the stock from lower ratings, indicating divergent views on near‑term prospects.
• Snapshot of fundamentals: CTTAY opened at $7.50 with a market cap of about $15 billion, a P/E near 46.9, a 12‑month range of $6.21–$9.19, current ratio 1.28 and debt/equity roughly 1.14.

Shares of Continental AG (OTCMKTS:CTTAY - Get Free Report) have received a consensus recommendation of "Hold" from the eight brokerages that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several brokerages have recently weighed in on CTTAY. Citigroup reissued a "buy" rating on shares of Continental in a research report on Tuesday, February 3rd. Berenberg Bank downgraded shares of Continental from a "buy" rating to a "hold" rating in a research report on Tuesday, January 13th. Zacks Research upgraded shares of Continental from a "strong sell" rating to a "hold" rating in a research note on Monday, March 9th. Finally, Sanford C. Bernstein upgraded shares of Continental from an "underperform" rating to a "market perform" rating in a research note on Monday, January 5th.

Continental Stock Performance

Shares of CTTAY stock opened at $7.50 on Thursday. The company has a current ratio of 1.28, a quick ratio of 0.87 and a debt-to-equity ratio of 1.14. The firm has a fifty day moving average price of $7.76 and a 200 day moving average price of $7.63. The company has a market cap of $15.00 billion, a P/E ratio of 46.88, a PEG ratio of 3.98 and a beta of 1.37. Continental has a 12 month low of $6.21 and a 12 month high of $9.19.

About Continental

Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company's core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.

Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.

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