Analysts are on the Bearish side about Continental Aktiengesellschaft (OTCMKTS:CTTAY) this week.

December 22, 2017 - By Hazel Jackson

 Analysts are on the Bearish side about Continental Aktiengesellschaft (OTCMKTS:CTTAY) this week.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) Ratings Coverage

Among 9 analysts covering Continental AG (OTCMKTS:CTTAY), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Continental AG had 11 analyst reports since August 8, 2015 according to SRatingsIntel. HSBC downgraded the shares of CTTAY in report on Thursday, January 7 to “Hold” rating. The firm has “Buy” rating given on Tuesday, November 29 by Jefferies. Barclays Capital upgraded Continental Aktiengesellschaft (OTCMKTS:CTTAY) on Wednesday, July 6 to “Overweight” rating. Barclays Capital downgraded Continental Aktiengesellschaft (OTCMKTS:CTTAY) on Friday, October 14 to “Equal Weight” rating. Deutsche Bank upgraded Continental Aktiengesellschaft (OTCMKTS:CTTAY) on Wednesday, August 9 to “Buy” rating. As per Saturday, August 8, the company rating was upgraded by Zacks. On Friday, January 6 the stock rating was upgraded by Societe Generale to “Buy”. Berenberg initiated Continental Aktiengesellschaft (OTCMKTS:CTTAY) on Tuesday, November 22 with “Sell” rating. On Tuesday, October 20 the stock rating was initiated by Morgan Stanley with “Overweight”. The rating was upgraded by JP Morgan on Friday, January 8 to “Overweight”. Below is a list of Continental Aktiengesellschaft (OTCMKTS:CTTAY) latest ratings and price target changes.

09/08/2017 Broker: Deutsche Bank Rating: Buy Upgrade

The stock decreased 0.17% or $0.09 during the last trading session, reaching $53.85. About shares traded. Continental Aktiengesellschaft (OTCMKTS:CTTAY) has 0.00% since December 22, 2016 and is . It has underperformed by 16.70% the S&P500.

Continental Aktiengesellschaft provides services and products primarily for the automotive industry worldwide. The company has market cap of $53.79 billion. The companyÂ’s Chassis & Safety segment offers electronic brake systems and software solutions, chassis electronics and air suspension systems, hydraulic brake systems, passive safety and sensorics, and driver assistance systems. It has a 15.24 P/E ratio. The Company’s Powertrain segment provides gasoline and diesel injection systems; turbochargers; engine management and transmission control systems, including sensors and actuators; exhaust aftertreatment and fuel supply systems; and components and systems for hybrid and electric drives.

More notable recent Continental Aktiengesellschaft (OTCMKTS:CTTAY) news were published by: Seekingalpha.com which released: “Continental (CTTAY) Q2 2017 Results – Earnings Call Transcript” on August 06, 2017, also Prnewswire.com with their article: “Continental AG Webcast Presentation Now Available for On-demand Viewing: dbVIC …” published on November 20, 2017, Nasdaq.com published: “Siemens AG-ADR (SI): New Analyst Report from Zacks Equity Research – Zacks …” on February 03, 2014. More interesting news about Continental Aktiengesellschaft (OTCMKTS:CTTAY) were released by: Seekingalpha.com and their article: “Continental’s (CTTAY) CEO Elmar Degenhart on Q4 2016 Results – Earnings Call …” published on March 03, 2017 as well as Benzinga.com‘s news article titled: “Continental VP: Electric Vehicles Need Standardized Chargers” with publication date: August 02, 2017.

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