Continental Aktiengesellschaft (CTTAF) Receives a Hold from Deutsche Bank
In a report released today, Christoph Laskawi from Deutsche Bank maintained a Hold rating on Continental Aktiengesellschaft (CTTAF – Research Report), with a price target of €80.00. The company’s shares closed yesterday at $88.49.
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Laskawi covers the Industrials sector, focusing on stocks such as Rheinmetall, Renault, and Schaeffler. According to TipRanks, Laskawi has an average return of 28.3% and a 68.48% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Continental Aktiengesellschaft with a $91.75 average price target, implying a 3.68% upside from current levels. In a report released yesterday, Bernstein also maintained a Hold rating on the stock with a €64.00 price target.
CTTAF market cap is currently $17.41B and has a P/E ratio of 12.29.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CTTAF in relation to earlier this year.
