Continental (OTCMKTS:CTTAY) Downgraded by Bank of America

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Bank of America lowered shares of Continental (OTCMKTS:CTTAY) from a buy rating to a neutral rating in a report released on Friday, Briefing.com Automated Import reports.

Several other research analysts have also weighed in on CTTAY. Zacks Investment Research raised shares of Continental from a sell rating to a hold rating in a report on Monday, August 19th. Kepler Capital Markets restated a neutral rating on shares of Continental in a research report on Wednesday, June 19th. Goldman Sachs Group downgraded shares of Continental from a buy rating to a neutral rating in a research report on Monday, August 19th. Royal Bank of Canada initiated coverage on shares of Continental in a research report on Monday, June 3rd. They issued a sector perform rating on the stock. Finally, JPMorgan Chase & Co. downgraded shares of Continental from a neutral rating to an underweight rating in a research report on Sunday, June 16th. Two investment analysts have rated the stock with a sell rating and ten have given a hold rating to the stock. The company presently has a consensus rating of Hold.

Shares of CTTAY stock opened at $11.82 on Friday. The firm has a market cap of $24.25 billion, a P/E ratio of 6.91, a P/E/G ratio of -23.86 and a beta of 1.26. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 0.74. Continental has a 1-year low of $11.50 and a 1-year high of $18.85. The firm has a fifty day moving average of $13.23 and a two-hundred day moving average of $14.92.

About Continental

Continental Aktiengesellschaft develops products, systems, and services for customers in various industries worldwide. The company 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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Analyst Recommendations for Continental (OTCMKTS:CTTAY)

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