Continental AG (CTTAY) Downgraded to Equal Weight at Barclays PLC
Several other brokerages also recently weighed in on CTTAY. Zacks Investment Research downgraded Continental AG from a buy rating to a hold rating in a research note on Wednesday, July 6th. Goldman Sachs Group Inc. downgraded Continental AG from a buy rating to a neutral rating in a research note on Monday, June 27th.
Continental AG (NASDAQ:CTTAY) traded down 1.61% during mid-day trading on Friday, reaching $38.00. The company’s stock had a trading volume of 23,184 shares. The stock’s 50-day moving average is $41.92 and its 200-day moving average is $41.92. The firm has a market capitalization of $38.00 billion and a PE ratio of 11.69. Continental AG has a 12 month low of $36.29 and a 12 month high of $49.75.
Continental AG Company Profile
Continental AG (Continental) is a global automotive supplier, tire manufacturer and industrial partner to other industries. Continental operates through six segments: Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety segment focuses on technologies for active and passive safety, and for vehicle dynamics.
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