Barclays PLC downgraded shares of Continental AG (NASDAQ:CTTAY) from an overweight rating to an equal weight rating in a research note published on Friday.

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.

5 Day Chart for NASDAQ:CTTAY

Receive News & Stock Ratings for Continental AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental AG and related stocks with our FREE daily email newsletter.