Continental AG (OTCMKTS:CTTAY) – Analysts at Jefferies Group boosted their FY2020 earnings per share (EPS) estimates for shares of Continental in a research note issued to investors on Tuesday, according to Zacks Investment Research. Jefferies Group analyst A. Kurian now expects that the company will post earnings per share of $5.02 for the year, up from their prior forecast of $5.01.
Other analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Continental from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. Barclays reaffirmed a “neutral” rating on shares of Continental in a research report on Tuesday, January 16th. Deutsche Bank reaffirmed a “buy” rating on shares of Continental in a research report on Tuesday, January 23rd. Finally, DZ Bank reaffirmed a “buy” rating on shares of Continental in a research report on Tuesday, January 16th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Continental currently has a consensus rating of “Buy” and a consensus price target of $69.00.
Shares of Continental (CTTAY) traded up $0.49 during mid-day trading on Wednesday, reaching $55.36. 13,400 shares of the company’s stock traded hands, compared to its average volume of 34,621. The company has a market capitalization of $54,541.64, a price-to-earnings ratio of 16.59, a price-to-earnings-growth ratio of 1.10 and a beta of 1.59. 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 has a twelve month low of $41.68 and a twelve month high of $61.71.
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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