Zacks Investment Research disclosed Continental AG (ADR) (NASDAQ:CTTAY), upping its target price to $47.00 earlier today
- Updated: September 26, 2016
Zacks Investment Research bumped up the price target of Continental AG (ADR) (NASDAQ:CTTAY) to $47.00 indicating a possible upside of 0.12%.
Just yesterday Continental AG (ADR) (NASDAQ:CTTAY) traded -2.21% lower at $42.01. Continental AG (ADR)’s 50-day moving average is $42.80 and its 200-day moving average is $42.16. The last stock price is down -0.27% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 17,759 shares of CTTAY traded hands, down from an average trading volume of 23,230
Recent Performance Chart
Continental AG (ADR) has 52 week low of $36.29 and a 52 week high of $49.75 with a PE ratio of 12.92 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 1 brokerage has issued a ratings update on the company. The average stock price target is $51.72 with 1 brokerage rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Continental AG (ADR) (NASDAQ:CTTAY)
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. The Powertrain division integrates system solutions for the powertrains in vehicles of all classes. Interior division provides information management in vehicles and develops and produces information, communication and network solutions. Tires division offers safety through short braking distances and grip, as well as reducing fuel consumption. ContiTech division develops, manufactures and markets products for machine and plant engineering, mining, the automotive industry and other important industries.
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