Continental Aktiengesellschaft (CTTAF) Gets a Hold Rating from RBC Capital


RBC Capital analyst Tom Narayan maintained a Hold rating on Continental Aktiengesellschaft (CTTAF) yesterday and set a price target of EUR120.00. The company’s shares closed last Monday at $126.00, close to its 52-week low of $117.00.

According to TipRanks.com, Narayan is ranked #4293 out of 5556 analysts.

Currently, the analyst consensus on Continental Aktiengesellschaft is a Hold with an average price target of $145.13, representing a 15.2% upside. In a report issued on October 7, UBS also maintained a Hold rating on the stock with a EUR130.00 price target.

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Continental Aktiengesellschaft’s market cap is currently $25.2B and has a P/E ratio of 9.20. The company has a Price to Book ratio of 1.25.

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Continental AG is a holding company, which engages in the manufacture and sale of soft rubber products, rubberized fabrics, and solid tires. It operates through the following segments: Chassis and Safety, Powertrain, Interior, Tires, ContiTech, and Other or Consolidation.

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