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home / news releases / CTTAF - Continental AG: Caution Warranted Amid Challenged Outlook

CTTAF - Continental AG: Caution Warranted Amid Challenged Outlook

Contl Ag Ord
  • The outlook for Continental remains challenged as the auto business faces headwinds into fiscal 2021.
  • While outperformance in the rubber business is positive, restructuring-led outflows could weigh on FCF generation.
  • Longer-term, much of the legacy auto business is in secular decline, and the upcoming Vitesco spinoff does not completely address this.
  • With the YTD rally moving valuations in line with peers, I see little reason to accumulate the shares.

For further details see:

Continental AG: Caution Warranted Amid Challenged Outlook
Stock Information
Company Name: Contl Ag Ord
Stock Symbol: CTTAF
Market: OTC
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