Continental AG (ADR) (NASDAQ:CTTAY) has been downgraded to Equal Weight in a statement by Barclays PLC earlier today.
- Updated: October 14, 2016
Boasting a price of $38.99, Continental AG (ADR) (NASDAQ:CTTAY) traded -0.85% lower on the day. With the last stock price close down -7.86% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Continental AG (ADR) has recorded a 50-day average of $42.03 and a two hundred day average of $41.96. Volume of trade was down over the average, with 1,113 shares of CTTAY changing hands under the typical 18,360
Barclays PLC has downgraded Continental AG (ADR) (NASDAQ:CTTAY) to Equal Weight in a statement released on 10/14/2016.
With a total market value of $0, Continental AG (ADR) has price-earnings ratio of 11.89 with a one year low of $36.29 and a one year high of $49.75 .
A total of 1 equity analyst has released a research note on CTTAY. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $51.72.
Brief Synopsis About Continental AG (ADR) (NASDAQ:CTTAY)
Continental AG is an automotive supplier. The Company's segments include Chassis & Safety, Powertrain, Interior, Tires, ContiTech and Other/consolidation. The Chassis & Safety division develops, produces and markets intelligent systems. The Chassis & Safety division consists of four business units: Vehicle Dynamics, Hydraulic Brake Systems, Passive Safety & Sensorics, and Advanced Driver Assistance Systems. The Powertrain division integrates system solutions for the powertrains in vehicles of all classes. Interior division provides information management in vehicles and develops and produces information, communication and network solutions. Tires division offers safety through short braking distances and grip, as well as reducing fuel consumption. ContiTech division develops, manufactures and markets products for machine and plant engineering, mining, the automotive industry and other important industries.
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