Continental AG (CTTAY) Downgraded to Equal Weight at Barclays PLC

Barclays PLC lowered shares of Continental AG (NASDAQ:CTTAY) from an overweight rating to an equal weight rating in a report issued on Friday morning.

A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Continental AG from a buy rating to a hold rating in a research note on Tuesday, October 4th. Goldman Sachs Group Inc. lowered shares of 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 trading on Friday, reaching $38.00. The company had a trading volume of 23,184 shares. The firm has a 50-day moving average price of $41.92 and a 200 day moving average price of $41.92. The stock has a market cap of $38.00 billion and a P/E ratio of 11.69. Continental AG has a 12-month low of $36.29 and a 12-month high of $49.75.

About Continental AG

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

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