Separately, Zacks Investment Research cut Continental from a buy rating to a hold rating in a research report on Monday, October 23rd. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Continental has a consensus rating of Buy and an average price target of $60.00.
Continental (CTTAY) opened at $60.25 on Tuesday. The stock has a market capitalization of $60,361.81, a PE ratio of 20.85, a PEG ratio of 1.70 and a beta of 1.44. Continental has a 1 year low of $38.68 and a 1 year high of $60.48. The company has a current ratio of 1.09, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.
Continental AG is an automotive supplier. The Company’s segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems.
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